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Forum Energy Metals Corp FDCFF


Primary Symbol: V.FMC

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 geodude13on Oct 22, 2024 12:32pm
129 Views
Post# 36276892

RE:Tech Giants & Uranium:Reshaping the Nuclear Energy Landscape

RE:Tech Giants & Uranium:Reshaping the Nuclear Energy Landscape

Not much new in the Hunter interview specific to the 2024 drilling program other than the assey reults will be coming out like last year in a a series of press releases; and very slowly.

If the data is coming that slowly for the various deposit locations, the interpretation of the geology and enrichment processes is going to be very limited.  With only 30 boreholes and core, the mapping of the assey results will be poor.  Hopefully there are some wicked grades and mineralized thicknesses that supports the geophysical data interpretation to be more impactful and targets future drilling locations with increased confidence.  

Watching the share price movement these last few weeks is encouraging but not necessarily building confidence in why its moving.  I am hopeful its buy on speculation and buy more on news....or something like that.

Regards,

Geodude

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