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Forum Energy Metals Corp V.FMC

Alternate Symbol(s):  FDCFF

Energy
Forum Energy Metals Corp. is a Canada-based company, which is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. The Company is engaged in the business of evaluating, and if deemed appropriate, acquiring and exploring natural resource properties. The Company’s projects include Aberdeen, Fir Island, Clearwater, Costigan, Nutaaq, Grease River, Henday, Highrock, Maurice Point, NW Athabasca, Wollaston, Fisher, Janice Lake, Love Lake, Quartz Gulch, and Still Nickel. It holds a 100% interest in 95,519 hectares of ground adjacent to Orano’s 133-million-pound Kiggavik uranium deposit located 100 kilometers (km) west of Baker Lake, Nunavut. Fir Island is located approximately five km northeast of the community of Black Lake, on the northeast edge of the Athabasca Basin. The Clearwater Project is located on the southwestern edge of the Athabasca Basin in northern Saskatchewan.


TSXV:FMC - Post by User

Forum Energy Metals Corp
Bullboard Posts
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(8)
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Post by Pensionplan20on Aug 29, 2020 3:20am
300 Views
Post# 31474648

Future scenario

Future scenarioForum Energy Metals will be bought out by Rio Tinto due to great drilling results at Janice Lake; Rio Tinto sells all uranium assets as they are no more active in uranium exploration/production and it will lower the overall price they pay on the total transaction; Forum, as a full affiliate/subsidiary of RTEC, will completely concentrate on Janice Lake only; Love Lake will be a spin-out, and Rick and Ken will be able to continue what they do best.... How's that for a future scenario. Remaining question: at what price and when?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities