Forsys Metals Corp T.FSY

Alternate Symbol(s): FOSYF

Energy

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

Bullboard Posts

Comment by 0898on Dec 18, 2008 10:15am

631 Views

Post# 15653902

RE: RE: RE: RE: George Forrest

10% rule applies in Canada. Does it apply to share purchases in Germany and Naimibia - where FSY is publicly traded?

There is no doubt they have picked up 9.99% of shares already. Mgmt has 20% of shares and they will tender as stated. The remaining 10% owner of Valencia ( ongopolo mining ) will tender as well. Therefore they have 40% in the bag already.

No one will vote against this deal.

Its done and its a screaming buy at this point.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?