Foremost Clean Energy Ltd C.FAT

For those that don't believe the Zoro play was

[KozmoT]

effectively dead here is a direct cut and paste from the company's own 43-101 tech report (why they made and published it is anyone's guess) ... " A current inferred mineral resource estimate is calculated to be 1,074,567 tonnes grading 0.91% Li2O..."  One MT of sub-1% Li2O ... after all those years of exploration THAT is what they came up with. !!

To put it in context ... that is literally WORSE than the original historical estimate of around 1.7 MT of 1.3% grade!!!  With all their drilling they actually reduced the amount of lithium.

[Martyboss]

Hey KOZ tell us why this stock hit .25 today if its a scam. 

[KozmoT]

Dude, I couldn't tell you why this stock is over a NICKEL !!  They have no significant assets.  They seem to have abandoned the Winston play (with good reason) and I posted yesterday that they pretty much killed their Zoro lithium play (and even cut and pasted the exact numbers) and their latests grasp-at-straw lithium (Jean Lake) play was hilarious - they "forgot" it was

[phantom666]

Kozmo just likes to ruffle feathers on the boards.If you read a few more NR's in Sedar, you would have found out  that the inferred mineral resource estimate was for 1 dyke only. "Far Resources Discovers Eighth Lithium-Bearing Pegmatite Dyke on Zoro Project, Snow Lake, Manitoba."

[phantom666]

"a drone magnetic survey, prospecting and mapping on the Zoro project has produced 13 previously unknown spodumene-bearing pegmatite dykes and the delineation of multiple lithium geochemical anomalies that have yet to be tested."

[KozmoT]

Not to point out the obvious Phanton but that one dyke was the biggest by far and the only one with any size/grade potential ... and they killed it.  Why do you think they suddenly dropped the whole play and went off to hype the Winston gold play?  And you saw how THAT turned out ... LOL.