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Bullboard - Stock Discussion Forum Fokus Mining Corp V.FKM

Alternate Symbol(s):  FKMCF

Fokus Mining Corporation is a Canada-based mineral resource company. The Company is engaged in acquiring, exploring and developing mining properties, and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a... see more

TSXV:FKM - Post Discussion

Fokus Mining Corp > Trading view technical analysis of Fokus Mining
View:
Post by winr88 on Apr 13, 2024 12:27am

Trading view technical analysis of Fokus Mining

Scroll down on the bottom right hand corner of the link to see their rating of Fokus Mining.

  STRONG BUY!!!  Technically FKM is holding on resistance at $.08. clear that and next is $.10. then $.14 then $.19. With good resuts the $.30s will be a stretch. The high teens short term will not in my opinion. The results need better widths with current grades for the $.30s.. Continuation of present grades and widths are a must. If the gold price keeps climbing likely the whole gold and silver sector will become very bullish. Fokus is undervalued based on the last resource estimate. They need more near surface good results for a stockwork open pit mine and they are getting them. The shallower ounces will help drive the SP up in the shorter term. In the long term the deep ounces in the Hendrick zone are necessary for a Block Caving mine which has high development costs but 1/10 the production cost of conventional mines..


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