Bullboard - Stock Discussion Forum Foran Mining Corporation T.FOM

Metals & Mining Industrial Metals & Minerals

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

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Comment by Ziggy1950on Feb 02, 2026 11:18am

RE:Something Smells Rotten

The Tesla zone alone is worth more than 6 dollars. Management needs to be taken to court !!! They have basically cost shareholders 2 dollars a share. This is minimum a 8 dollar stock . Don't sell

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Post by long342on Feb 02, 2026 10:58am

Something Smells Rotten

Tesla resourcw estimate should have been done well before this release. Sould have been a CASH DEAL and huge premium. l

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Post by Flatfish1on Feb 02, 2026 10:51am

Second Comment on the Eldorado deal

My question is, why would you do a major deal like this as the POG has a correction? Poor timing in my opinion. I think, but do not know, this has been in discussion for some time. ...more

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Comment by Ziggy1950on Feb 02, 2026 10:32am

RE:RE:RE:Eldorado Merger

I agree with you retiredcf , normally when a company is been taken over you get a 15 to 20 pecent premium come on HBM make an offer. I personally am not selling .

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Comment by BSdetector2016on Feb 02, 2026 10:28am

RE:RE:Eldorado Merger

The so-called "deal" valued FOM at $3.8B, so I just too its last MKT CAP of $3.53B, and came-up with a facor of 1.0764 $6.69 x 1.0764 = ~ $7.09 This was done el rapido so someone ...more

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Comment by retiredcfon Feb 02, 2026 10:17am

RE:RE:Eldorado Merger

Not withstanding these prices, it doesn't make much sense for shareholders to be selling this morning. If nothing else, we have now been recognized as a valuable takeover candidate. Also ...more

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Comment by retiredcfon Feb 02, 2026 9:59am

RE:Eldorado Merger

Based on the SP for Eldorado in the press release, it worked out to $6.59 which is pretty much where we already were. Can't see anyone accepting that offer. GLTA

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Post by Ziggy1950on Feb 02, 2026 9:45am

Down more than 20 pecent

Down more than 20 percent in last 2 days of trading , management should be held accountable

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Comment by davidyon Feb 02, 2026 9:42am

RE:Eldorado Merger

Not at all what I expected. I'd need some serious convincing to vote Yes.

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Post by therookie87on Feb 02, 2026 9:38am

Ziggy, you guys got blind sided by FOM's mgmt team :( :(

If you're looking to see just how important owning a stock in which INSIDERS have their own skin in the game...check out v.ARTG....38% of the Shares are owned by INSIDERS. Then Check out v ...more

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Comment by Ziggy1950on Feb 02, 2026 9:34am