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 09, 2010 7:45am

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Post# 17256229

RE: Should Paladin takeover Forsys?

Agreed. If they have any serious buyers out there that they've been in discussion with, now would be the time.
Another possible scenario, they pushed the stock down in an arrangement for a private placement. I would love more than nothing else to see a buyout offer come from someone like Paladin - I don't know that the majority of shareholders would take less than $3..

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