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FORUM URANIUM CORP V.FDC

Metals & Mining Industrial Metals & Minerals
"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

FORUM URANIUM CORP > Better Discovery than Nexgen's Arrow Discovery
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Comment by gonefishing5879on Mar 26, 2014 9:48pm
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Post# 22373454

RE:RE:RE:RE:RE: Better Discovery than Nexgen's Arrow Discovery

RE:RE:RE:RE:RE: Better Discovery than Nexgen's Arrow DiscoverySorry Tarquin you are off the mark here. Fission will have at least 100M lbs U3O8.

They will get bought out at $10 per lb in the ground minimum.

So if you do the math that comes to $2.80 or so and that is without a bidding war.

As for the comparison of FDC and AMW, with a good discovery by FDC at 100% owned Clearwater (not guarateed) the math comparison comes to about $11 for FDC.

A discovery at NW Athabasca would have less leverage of course because they only own one third.
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