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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
Post by Cartman666on Mar 04, 2009 6:54pm
475 Views
Post# 15821280

On Paper...

On Paper...Everything looks fine - deal in place, court approval, dates set.  If this goes through at $7.00 then picking some up in the $5.00s will be the deal of a lifetime.  Suddenly it looks quite risky though. Strange that just early yesterday FSY looked like it was going to push through the $6.50s and upwards. And now people are wondering if the deal is going to go through, or if they will see a 40-50% drop before then.  I was really hoping to be a low stress opportunity. I hope for the sake of everyone holding that the deal is done by the 18th. Nothing on paper tells us otherwise... 

If the past 2 days is pure manipulation, then for all the b*stards that are playing a part in screwing everyone else over: 

Karma will get you.

:)
Bullboard Posts