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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 TFSAfundson Apr 20, 2018 7:51pm
73 Views
Post# 27920390

RE:RE:I just have to ask...

RE:RE:I just have to ask...techNy... reviewing the interim financial statements for FAR as at Dec. 31, 2017, the company had spent $75,241 for "Transfer Agents and Filing Fees" for the 9 month period of Apr 2017 to Dec 2017 inclusive. During that period 36 NR's were released. So, I really don't believe that cost is an issue when it comes to NR's. It probably costs more to have their lawyer review them prior to release than anything else... lol. To me, part of it is also respecting your investors and that is by keeping us up to date. I don't think we have "trade secrets" that must be kept close to the vest, so why not be more forthcoming with the info like Nova is.

Another question that has crossed my mind is... why did Nova secure the claims to the west of their current holdings and not us? After all, we added to our claims last year with the land in between Zoro and Nova. Why didn't someone take a broader approach and "go west young man" lol. If Nova was surrounded by FAR, then we'd really be in the drivers seat when it comes to buyout!
Bullboard Posts