David Burrows
Foran Mining Corporation
FOM-X
BUY
Oct 16, 2025
Materials are currently being revalued. Commodity prices improving. The multiple investors are prepared to pay is expanding. The value of what's in the ground is expanding.
Owns a bit of this name. Likes the friendly jurisdiction. Company is big enough for almost any institutional investor to purchase. Not the leader in the group, but really likes the copper group and likes this name.
Manitoba, close to Hudbay. VMS, Multi-metallic deposit, very high grades, strong ownership by very important people in mining industry. Not easy to buy and one should be extremely careful. Speculative.
(A Top Pick Jan 10/12. Down 15%.)Developing and will be developing very high grade VMS (multi metal assets). Looks very, very promising but the market is kind of against it. If you own, continue to Hold.
(Top Pick Jan 10/12, Down 5.00%) In general resource stocks have been difficult. It is with the crowd. Massive VMS deposit adjacent to Hudbay. At some point it will be developed and patience is required. Hudbay could expand by buying this one.
Materials are currently being revalued. Commodity prices improving. The multiple investors are prepared to pay is expanding. The value of what's in the ground is expanding.
Owns a bit of this name. Likes the friendly jurisdiction. Company is big enough for almost any institutional investor to purchase. Not the leader in the group, but really likes the copper group and likes this name.