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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 thegovon Mar 12, 2009 4:33pm
391 Views
Post# 15840850

Strange Trading at end

Strange Trading at endIf this was purely trading you'd have expected a bounce -- maybe short covering at the end.
Instead we dropped from 5.56 to 5.25 in the last 10 min on 555k shares. That's the I want out before close of play attitude.
Funny thing is that there is still about 15k sitting there bid at 6.25 which could be sold to in after hours. They're not that desperate, however.
Bullboard Posts