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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 TFSAfundson Jan 18, 2019 6:57pm
191 Views
Post# 29254231

My takeaway from this week's NR's...

My takeaway from this week's NR's...Progress is being made and I anxiously await assay results. Can they update the NI43-101 with this round of drilling or is more required? I'm guessing that by now we are becoming somewhat cash poor and need a PP soon. Is there any chance results forthcoming prior to that PP for a nice uptick?

I thought we were told that pretty much all the paperwork had been done for the spin-off last year... why shelve it now? If the gold and silver are really worth it, why not give the shareholders here a little bonus. The cost was going to be what, a couple of hundred grand? And weren't some saying that it could be somewhat of an albatross when it comes to buy-out time... Or maybe those properties really aren't worth the effort!

Noticed all options at 0.295 and higher were cancelled! About 7.5 million of them with an average price of 56 cents. Replaced with 8.6 million options at 12 cents. I guess management has to take care of themselves first... as usual. Don't get me wrong, I do not begrudge them their right to be rewarded for taking us to the promised land. What bugs me is that I don't get to do a do-over for my higher priced shares... lol.
Bullboard Posts