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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 > Expect the next FMpress release for the week of October 21st
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Post by geodude13 on Oct 03, 2024 9:53am

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

Heres 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
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