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Forsys Metals Corp T.FSY

Alternate Symbol(s):  FOSYF

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

Bullboard Posts
Comment by Einherjaron Sep 11, 2008 11:00am
322 Views
Post# 15448061

RE: Breakout soon?

RE: Breakout soon?forsys is one of the few strong stocks at this poor markets. in the german interview bruce hall recommendet:
We need an estimated 270 million USD for the overall project and carefully discuss six different ways with six different investors. We don`t want to generate that money through credits neither dilution through further shares.

It remains exciting. imo we will see some engagement from asia




Bullboard Posts