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Bullboard - Stock Discussion Forum 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... see more

TSXV:FMC - Post Discussion

Forum Energy Metals Corp > I must be getting jaded and I'm certainly not a geologist,
View:
Post by GETaLONG on May 27, 2021 10:55am

I must be getting jaded and I'm certainly not a geologist,

but  "thick intervals" ???   Heck, of a 'spin'.   Don't get me wrong... I'm a BIG fan/$mall investor of FMC, but it sounds like another coat of 'lipstick' was used for this Press Release.
Comment by KnaveofDiamonds on May 27, 2021 11:17am
Agreed GETaLONG. These results are not good results by any means. Copper mine is 0.6% avg on the absolute low end and you need a lot of ore grading at that threshold to even consider a mineable deposit. Huge miss for Forum and Rio Tinto here during this exploration program.  The numerous 0.2% grades that are so commonly reported are far, far from mineable. 
Comment by mrburns on May 29, 2021 1:11am
i think $RIO.L would have stopped working Janice Lakel  IF the results gathered so far were poor grades- but they're going back in June (next week).  IMHO FMC is optomistic because $RIO.L is paying for the ride and it's district scale.
Comment by ElJ on May 29, 2021 5:55pm
As indicated by Forum stockprice, there is nothing proven yet in terms of resources, BUT both Janice Kake and Fir Island jv partnerships are becoming very interesting, because of recent drilling results.: The Boron  "signpost vector" incresing as the drilling moves in the northern direction may, based on discovery precedents elsewhere, lead to a useful Uranium discovery at Fir ...more  
Comment by mrburns on May 30, 2021 2:42pm
We forget that Saskatchewan is a politcally stable Tier 1 mining jurisdiction.  eg. https://www.mining.com/drc-concentrate-export-ban-may-tighten-global-copper-cobalt-supply/
Comment by mrburns on May 31, 2021 4:26pm
on CEO.CA  @greenanon is confident copper grades are good (for RIO)  https://ceo.ca/fmc?094578e627d9
Comment by KnaveofDiamonds on Jun 08, 2021 11:49am
Please explain how the copper grade results are good.  I have reviewed these results and must be missing something....
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