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Bullboard - Stock Discussion Forum Foran Mining Corporation T.FOM

Foran Mining Corporation engages in the acquisition, exploration, and development of mineral properties. Its flagship property is 100% owned McIlvenna Bay property located in Saskatchewan, Canada, approximately 65 kilometres on west of Flin Flon, Manitoba. The company explores copper, zinc, gold, and silver deposits. Foran Mining Corporation was incorporated in 1989 and is headquartered in... see more

Bullboard (TSX:FOM)

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(30)
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  • Ziggy1950X
Comment by Ziggy1950on Feb 02, 2026 6:12pm

RE:TD says full price; Shareholders say otherwise

Foran has deliberately withheld drill results from the Tesla zone ,they said drill results  would be put in the new resource estimate in the second quarter , I call that withholding critical ...more  
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(217)
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  • BSdetector2016X
Post by BSdetector2016on Feb 02, 2026 5:17pm

TD says full price; Shareholders say otherwise

TD estimates that EGO is paying ~1.58x NAV, based on consensus NAV of ~C$2.4B. They view that as full price (recent transactions in 1.0-1.6x range). I wonder how much of Tesla is included in that NAV ...more  
Post by long342on Feb 02, 2026 4:45pm

The value of the TESLA DEPOSIT will

be the achillles heal that kills this merger IMHO. 
Post by Cobalton Feb 02, 2026 4:01pm

Wow

One after another, miners are being taken out for next to nothing. HDM is the best example, going from the dog of the copper sector to 1a after acquiring Copper Mountain.
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(60)
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  • Simplythebest12X
Post by Simplythebest12on Feb 02, 2026 3:57pm

Elderado just scored big

Robbery....Foran holders just got P Didded
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(841)
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  • therookie87X
Post by therookie87on Feb 02, 2026 3:52pm

Nailed it, Ziggy...phunken mgmt took you guys for a ride!!!

If you can't trust mgmt then you get what you get then....as said, if you have a solid mgmt team who actually owns quite a bit of shares then it's a different story as they will look after the ...more  
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(30)
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  • Ziggy1950X
Comment by Ziggy1950on Feb 02, 2026 3:43pm

RE:Globe & Mail

Well that sums it up Dan Myerson makes out like a bandit retail shareholders were thrown under the bus . Just another example of corporate greed , plus he goes on the Eldorado board of directors for a ...more  
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(32)
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  • longtermholder6X
Post by longtermholder6on Feb 02, 2026 3:35pm

merger?////

Who the hell needs Eldorado.
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(60)
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  • Simplythebest12X
Comment by Simplythebest12on Feb 02, 2026 3:14pm

RE:Amalgamation- screwover

Waoooo Elderado got this company for pennies  during high gold/copper prices.. extremely good deal for elderado but not for  Foran ouch ouch ouch 
Post by retiredcfon Feb 02, 2026 2:30pm

Globe & Mail

Eldorado Gold Corp., a Vancouver-based company that owns multiple mines overseas, is buying Foran Mining Corp. for $3.8-billion, adding the McIlvenna Bay copper and zinc development in ...more  
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  • Ziggy1950X
Comment by Ziggy1950on Feb 02, 2026 1:33pm

RE:RE:Amalgamation- screwover

This takeover needs to be investigated on behalf of the shareholders these azz clowns need to be dealt with by the courts. Management literally gave  up a soon to be running copper. , gold & ...more  
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(41)
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  • fabdaq2021X
Comment by fabdaq2021on Feb 02, 2026 12:57pm

RE:Amalgamation- screwover

45 years of investing and never ever have I seen an acquired stock go down on a takeover!!  Premiums have sucked as of late.  My Newgold sucked, so many takeover premiums have just sucked ...more  
Comment by long342on Feb 02, 2026 11:40am

RE:RE:Something Smells Rotten

I agree! Its a stink bid and will be looked into. 
Post by Stitcheson Feb 02, 2026 11:40am

Amalgamation- screwover

Well well, didn't the shareholders of Foran get nailed to the wall. What a steal of our shares! This is an outrage! Tell me this isn't the insider deal of the century, shame on management, but ...more  
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