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FORUM URANIUM CORP V.FDC

"Forum Uranium Corp is a Canadian-based mineral resource company focused on exploring and developing uranium projects in Saskatchewan’s Athabasca Basin. It is engaged in the acquisition and exploration of uranium projects. Its projects include Fir Island, Henday Lake, Highrock Lake, Karpinka, Key Lake Road, Maurice Point, North West Athabasca, Clearwater, Costigan Lake, Orchid Lake, Agnico Eagle, North Thelon, Tanqueray and Ukaliq."


TSXV:FDC - Post by User

Bullboard Posts
Comment by tillbillyon Feb 23, 2012 7:25am
252 Views
Post# 19571591

RE: Volume

RE: Volume

I think we will have to be patient with this one. Volume (interest) is not heavy 500,000per diem x .08 =40000$/day action. I'm shocked a big player doesn't short this down to pick it up cheaper given the volume.

Locking in here under 9 cents you get a pretty limited downside and a rather large upside. Buying most Dow stocks right now you have the oposite scenerio. (limited up 40% down). I'm long here QEI, PD and HOU. Short Dow and cash. I was long GNK (DOW) but got stopped out...Dow transports have completely rolled over...market is ignoring this at their peril.This is the only one I'm not nervous about cause the bottom is very close to here.

Bullboard Posts