In today’s podcast ValueTheMarkets talks with President and CEO of Canadian-listed Forum Energy Metals (TSX-V:FMC), Rick Mazur. Historically the company has been focused on uranium assets which it still holds, but last year Forum made two acquisitions, one copper project and one cobalt. Rick Mazur explains more about the company’s strategy of diversifying into the battery metals space while sentiment in the uranium market is still low. Most of the company’s assets are located in Saskatchewan, Canada’s number one rated mining jurisdiction. Forum has a majority interest in seven drill ready uranium projects in the prolific Athabasca Basin and recently completed a successful first pass drill program at its Janice Lake district scale sedimentary copper project located 55km southeast of the Key Lake processing facility. In September, Forum gained a strategic foothold in Idaho’s cobalt belt with the acquisition of the Quartz Gulch exploration property.
All opinions expressed are those of ValueTheMarkets and the respective guests unless otherwise stated and should not be construed as investment advice or a recommendation to buy shares in any featured Company. Listeners are advised to do their own extensive research before buying shares which, as with all small-cap exploration stocks, should be viewed as high risk. Investors should also seek the advice of a qualified investment adviser or stockbroker as they deem appropriate.
ValueTheMarkets podcast 004: with Forum Energy Metals President and CEO, Rick Mazur (FMC)
By James Moore
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IMPORTANT NOTICE AND DISCLAIMER
This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.