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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.


TSX:FSY - Post by User

Forsys Metals Corp
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Post by Time4TAon Aug 30, 2011 9:02am
386 Views
Post# 18992429

Production Ready Project

Production Ready ProjectAt the beginning of 2011 when FSY was $3.15 it's Uranium assets were being prices @ $5.54/lb.
Just to gain a bigger Picture of How On Sale this Stock is right now...with the Share Price just below a Dollar FSY assets are being @ Priced at $1.58/lb. This is incredible considering even More Resource will be Calculated in the Next 30 Days when the Updated Ni-43-101 comes out. These Projects are Production Ready come 2012. FSY is beyond undervalued here.
Note: Cameco Just Made a Hostile Bid for Hathor (HAT.TSX)  @ $10.00 Plus per Lb.




Plenty of Upside for FSY I would Say.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities