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Foran Mining Corp FMCXF


Primary Symbol: T.FOM

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

Comment by nodice7777on Nov 10, 2021 11:07pm
201 Views
Post# 34113335

RE:Its a shame

RE:Its a shameYou must be me from a parallel universe lol. I'm in the same boat as you and been thinking the same thoughts. Dan Myerson did a webinar in August and gave out some nice nuggets of info including a conservative expected cash flow and NPV of Macilvena Bay. As a junior they have it all - great project, jurisdiction, land package, infrastructure, cash and people with skin in the game, deep pockets and connections. Just sit back and watch the show. First production expected to be in q1 2024. Might get swallowed up by then through. 
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