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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
Post by Anonxmason Jan 19, 2018 5:51pm
254 Views
Post# 27398128

News

News Probably reading too much into this, but I’ll point out some stuff anyways.

Date shows January 18, but was released 19. The paragraph that gave the release also appears to have the last sentence added, saying drilling starts on 19 after initially saying imminently.

Makes me wonder if the plan was to release it on Thursday, but something changed last minute. They obviously needed to release this and I suspect it was ammended late Thursday to release Friday morning and got missed.

The question is, what was happening Thursday to alter course? Uknowit spoke to Keith and said he was very upbeat. He gave a great post that should provide shareholders with lots of confidence. I’m wondering if it was the volume and price rise that may have resulted in this happening or was the SP too low on Wednesday from where they were hoping? (sell on news scenario). 

It will be interesting to see how this plays out. I’m very pleased with the Dyke 1 info. It sounds like it is much bigger than historic findings showed; this should help SP.

I also note that drilling was partly paid for with shares; this also inspires lots of confidence.

Feel free to share any thoughts; might help connect the dots. Looking forward to next news and the future of this lithium play.

GLTA

Bullboard Posts