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Foran Mining Corp T.FOM

Alternate Symbol(s):  FMCXF

Foran Mining Corporation is a Canada-based copper-zinc-gold-silver exploration and development company. The Company's high-priority properties include the McIlvenna Bay Property, which contains the McIlvenna Bay Deposit and the Tesla Zone, and three adjacent properties - Hanson, Balsam and Bigstone, all of which occur at the western limit of the Flin Flon Greenstone Belt. The Company, through its wholly owned subsidiary McIlvenna Bay Operating Ltd., has a 100% interest in the McIlvenna Bay Property, which consists of over 44 claims covering a total of 29,418 hectares (ha) and is located in east central Saskatchewan. It holds a 100% interest in the Bigstone property, which consists of around 22 claims totaling 24,578 ha and is located 85 km west of Flin Flon, Manitoba. It holds approximately seven properties comprising a total of 92 mining claims covering 103,336 ha and also holds the Denare West property title in trust, which consists of 10 mining claims and covers over 21,066 ha.


TSX:FOM - Post by User

Post by nodice7777on May 24, 2021 12:30am
296 Views
Post# 33256310

Can’t believe how quiet this board is

Can’t believe how quiet this board is

Stock has been absolutely ripping and yet nothing but crickets here! Been holding Foran for quite some time. Couldn't  resist taking some shares off the table but I'm holding the rest longer term. Great things happening behind the scenes it would appear. Since Dan took over it's been nothing but up, up and away. I love how he has used the ESG angle here. Strong copper and zinc prices no doubt a big factor in this rip.

To that previous poster making the Hudbay connection, forget about it. We don't need Hudbay. Foran plans to build its own mill as they have ample satellite deposits to MCBay. Do a YouTube search on Foran Mining and you'll find a very informative Zoom presentation done by Dan to some Chinese investors.  The fact that he's not taking a salary tells you something. He also invested $2M of his own money when he joined Foran in November. Skin in the game!
 

I

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