Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by geodude13on Oct 03, 2024 9:53am
171 Views
Post# 36251472

Expect the next FMpress release for the week of October 21st

Expect the next FMpress release for the week of October 21stHeres a thought....

Consistent with the pivate placement press release dated June 28th, Management likely doesn't want share prices to peak too early as the minimum hold period expires on October 27th; so the news relase with assey results will likely land right around the 27th.  

https://stockhouse.com/news/press-releases/2024/06/28/forum-announces-closing-of-private-placement-stock-option-grant-and-liquidity 

The future share price has to see $0.135 or more for the private placement investment to be in the black, and if the stock peaks the warrents are exercisable at $0.20.   The insiders are likely as greedy or more greedy that the rest of the retail investors.

I'm not expecting the assay results press release to come out until the week of October 21st and likely just before the weekend.  I'm thinking October 23rd.

Regards,
Geodude
<< Previous
Bullboard Posts
Next >>