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Forum Energy Metals (TSX-V:FMC) looks like the sort of mining stock that is going to do well in the new energy economy. The company has a diverse portfolio of projects, most of which it holds 100% interest in, located in Canada. Focus is very much on key metals markets we like, including copper, palladium, nickel and indeed uranium.

As of April 2022 Forum Energy Metals had 10 uranium projects on its books, of which nine were in Saskatchewan. Many of its projects are located around the fringes of the Athabasca Basin.

UK investors will be interested to know that one of the key movers behind Forum Energy Metals is chairman Anthony Balme, who is also managing director of Carter Capital and AMC, private UK investment funds. CEO responsibilities sit with Rick Mazur, who has a 45 year mining career including as a uranium project geologist and founded Forum Uranium in 2004, and whom kindly spoke to The Armchair Trader.

 

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Stuart Fieldhouse

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

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