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Forsys Metals Corp T.FSY

Alternate Symbol(s):  FOSYF

Metals & Mining Industrial Metals & Minerals
Forsys Metals Corp. is a Canada-based uranium developer. The Company is engaged in the acquisition, exploration and development of mineral properties. It is focused on advancing its wholly owned Norasa Uranium Project, located in the jurisdiction of Namibia, Africa, which is wholly owned by its 100% owned operating subsidiary, Valencia Uranium (Pty) Ltd. The Norasa Uranium Project is comprised of the Valencia Uranium deposit (ML-149) and the nearby Namibplaas Uranium deposit (EPL-3638). The Valencia Uranium project is situated on the farm Valencia 122, which is located approximately 75 kilometers (km) north-east of the town of Swakopmund in central-west Namibia, covering an area of 735.6 hectares (ha). The Namibplaas Uranium project is located 7.5 km northeast of the Valencia deposit on the farm Namibplaas 93, with a total surface area of 1,269 ha.


TSX:FSY - Post by User

Forsys Metals Corp
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Post by Cokedrunkon Sep 27, 2007 12:55pm
237 Views
Post# 13480215

The U grade

The U gradeI don't really like the U grade for this operation. But I like the amount of Uranium for sure. What price Uranium did they based the NI 43-101 on? I am bearish on Uranium at price of $85. But if they based the report on $50 a pound Uranium that is definately worth a look.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities