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ITP: Rick Mazur, CEO, Forum Energy Metals (FMC.V)

by Lobo Tiggre
Saturday, June 06, 12:00pm, UTC, 2020

This Athabasca Basin uranium prospect generator has found copper and other energy minerals in its back yard. The discovery at the flagship Janice Lake project has enough size potential to interest mining giant Rio Tinto to spend $3 million on it last year, on its way to spending $30 million to earn 80% of the project. That's great, but why the pivot? Are they still looking for uranium? What happens next with the copper expiration? And how are they going to pay for the work not covered by their partners? That's what an independent speculator wants to know...

As always, no In The Pit interview should be taken as an endorsement of the company or recommendation for the stock covered.

 

 

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