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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 shortUSA2on Aug 19, 2009 6:30pm
299 Views
Post# 16232565

RE: RE: RE: RE: RE: RE: RE: Routine Check - midnit

RE: RE: RE: RE: RE: RE: RE: Routine Check - midnitbut it's hard for me to believe that this is normal; i.e blocking a sale at the eleventh hour to do a last minute check to see whether or not the funds were as a result of money laundering or terrorism. 

I think what's not normat is that GFI is putting together the financing at the last minute from multiple private sources and IC simply needs to confirm their legitimacy.   We know they were still putting it all together just last week so it is reasonable to think that new information has been thrust on IC at the last minute.  
Bullboard Posts