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 pk12on Jul 07, 2010 1:48pm

360 Views

Post# 17251012

RE: RE: RE: RE: Forsys Corporate and Morgan Stanle

You have to wonder what would make the company delay announcing this (nothing) until post-June 30, the date by which they had promised investors an update. If they had nothing to announce, we would have been better off being told it on time. They could have sold the "fact" that they're continuing to review with prospective parties better in the news release.
All this to say I averaged down today (again).

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