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Forum Energy Metals Corp V.FMC

Alternate Symbol(s):  FDCFF

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

Comment by matuson Feb 28, 2021 8:29am
175 Views
Post# 32680925

RE:Fmc.v going to go

RE:Fmc.v going to go

Hi there,
I've been with Forum for years now. Had to buy back cheap to average down, for I had some shares at a time when they where listed under the name "Forum Uranium". 

Fortunately the recent price increase worked out well for me.  Forum is for sure a speculative choice with potential. Especially since they have diversified their exploration programs. 

They have joint ventures with other existing companies (Rio and Orano) which supports their future potential. 

However I feel the the sector has increased rather a lot in the past and on top of that the markets are heating up.  

I can see some pressure mounting up in the near future which could bring the explorers under pressure.  

Personally I will continue to have this one on my radar. But I am looking for a healthy market correction before I will invest further in this stock. 

Just my two cents 

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