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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 BudFoxx2020on Sep 13, 2021 10:31am
244 Views
Post# 33848182

RE:RE:RE:RE:Wow!

RE:RE:RE:RE:Wow!Wow.  At 0.51 cents.   Started investing in this when RIO got involved.  Bought a bunch at 0.06 cents and averaged up at 0.20 and completely forgot about it.  Only regret is not buying a lot more.  It is what it is.  One of those diamonds in the rough type story.  With uranium on fire and ETF buying up uranium, I believe FMC will have a lot more room to run.  $0.50 is such a nice base to start with as well.  We may see some pull back towards $0.40, but overall this is a good story.  One good news and we are going to run up to $1.  Just my opinion.  Cheers.   

BudFoxx2020 - (12/28/2020 5:47:16 PM)

BudFoxx2020 wrote: These little exploration company are very hard to predict. They are more of a momentum play.  The trick is to catch the trend.  And I believe FMC is trending upwards now.  Like I mentioned I start following this when it was under 0.05 cents bought some at 0.06 cents but every little.  I have tried to play this a few times.  The only one thing I hated was the illiquidity and the volatility.  Just my buy and sell alone in the past would make the sp move 0.02 cents to 0.05 cents.  I hated that.  But I have notice recently that volume and interest has started coming in.  Lots of events happening in early 2021 for FMC.  That's why I did not hesitate to add at .20.  And like I mentioned my buy alone took it up to 0.23 at one point at the ask.  So the volatility is still there.  Personally I would be happy if it hits 0.30 and then go from there.  It would form a solid base and support at 0.25.  I have no price target for these type of plays.  I have followed fmc for a good 2 years now.  Just keep in mind this is a high risk high rewards play.  One good news can send the stock soaring and one bad news can kill the stock.  So invest or trade carefully.


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