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.

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Forsys Metals Corp

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Comment by Cartman666on Apr 05, 2009 10:33am

537 Views

Post# 15897744

RE: RE: RE: saskplayer

saskplayer - UUU hasn't been on my radar, but looking at it from a technical standpoint, it's sitting right at resistance right now (about $2.70) then the next breakout point will happen once it clears through some resistance just below the $3.00 mark. This stock is BULLISH IMO, and has decent support at $2.60, and then $2.50.

Good luck!

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