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Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Clean Energy Ltd, formerly Foremost Lithium Resource & Technology Ltd., is a uranium and lithium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000 acres across Manitoba and Quebec. Seven properties comprise its Easern Athabasca Uranium Properties, which include Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt, Marten, Wolverine and Epp Lake. Its Blue-Sky uranium projects located within the western portion span approximately 102,000 hectares in the Athabasca Basin consisting of three projects: Blackwing, GR Property and CLK Property. Its lithium projects include Zoro Lithium Project, Jean Lake Lithium-Gold Project, Peg North Project, Grass River Claims Project, and Jol Lithium Project. Winston Group of Properties is its Gold and Silver Project.


CSE:FAT - Post by User

Bullboard Posts
Comment by thekgs68on Jan 18, 2018 2:02pm
92 Views
Post# 27386514

RE:RE:RE:RE:RE:At some point...

RE:RE:RE:RE:RE:At some point...
They just got $900k in financing for their Zeolite project, supposed to close this week.  

they don’t need to Finance zip for the lithium Thompson Bros project, zilch!  Financing coming from the well cashed up NVA partner

so they get the 20% ownership in a project 2.25x size of c.FaT Zoro with similar grade with no $ required 

You can scream “no interest” all you want, but sooner or later the interest will be there.



PRObully wrote: Once again, ABR has 0 volume, 0 interest, and no institutions even looking to touch it in the future. That means 0 financing, which equates to 0 drill work, which then leads to 0 market cap as they can not explore their property and remaining shareholders grow tired of waiting year after year. Like I said, ABR = P-O-S

thekgs68 wrote: Say what you want, math don’t lie;


If you all agree c.FAT is worth > $100m, then here’s some rough math;

$100m x 2.25 x 20% = $45m 

$100m MCAP for c.FAT x 2.25 tonnage Zoro property vs. Thompson x 20% v.ABR interest 

so v.ABR has an estimated value of $45m vs. Current $8m.  Based only on this project, excluding their Zeolite project.

as I say, at some point someone else will connect the dots 



PRObully wrote: LMAO ABR is a P-O-S. SX ran 2000-2900% from when I called it. ABR has 0 volume, no interest, P-O-S

 




Bullboard Posts