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Bullboard - Stock Discussion Forum Fokus Mining Corp FKMCF


Primary Symbol: V.FKM

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 > compare FKM to explorers in the 8 cent range or higher
View:
Post by winr88 on Jan 09, 2023 11:45am

compare FKM to explorers in the 8 cent range or higher

Newfoundland gold NEWD 6 cents with no discovery at all. Many many more in the 6 to 10 cent range with no gold and only talk.

Labrador gold LAB 27.5 cents with a minimal discovery. Mostly 1 to 2 meters of 30 grams per ton or less but low volume. Much much more required before anything close to a deposit.

Focus FKM 8.5 to 9 cents with a 43-101 coming soon and in my calculation over 2 million ounces maybe indicated at Hendrick alone. Which has the best value???? Already have 240,000 oz indicated

Sorry for the previous blank posts. They appeared to paste but Stockhouse would not complete them.
Comment by 99942Apophis on Jan 09, 2023 12:34pm
Do you feel FKM will get their 43-101 this year 2023 or in a few years? Do you know of any majors that are in talks with FKM? Thanks
Comment by winr88 on Jan 09, 2023 4:16pm
Managment have said the 43-101 is due in January this year. Soon I hope. It has been in the works now since early last year.  I think it's early to talk about major miners but I guess that depends on indicated oz of Au in the resource estimate. Much of the drilling has involved deep (500 to 1200 meters) so block caving will likely be the method of mining should this become a mine. 3 ...more  
Comment by 99942Apophis on Jan 10, 2023 5:35pm
Ok for what I'm seeing here and what has been reported by this company you would think the share price would be much higher especially when there will be a 43-101 within a fortnight. Blimey, right now high teens to low thirties is where this should be trading, could be penny flippers have kept this one down and killed the goose.
Comment by winr88 on Jan 10, 2023 6:01pm
I can't say a fortnight till reporting 43-101 as the prediction is always an estimate but the statement I read was "Late 2022 or early 2023 for the 43-101 to be released. I read that as January.
Comment by 99942Apophis on Jan 10, 2023 6:12pm
You're spot on there, might see it even go to month end which will give me more buying time. I also don't see a lot of readers on this board which is a bigger plus to pick up on the cheap side, thanks bud.
Comment by winr88 on Jan 10, 2023 7:27pm
I found this gem when I read about them being in the top ten gold drilling intercepts reported for exploration companies. I have been adding for a while now and with the resource estimate coming soon I bought a few more last week and this. These gems are few and far between. Sentiment is what has held this company SP back as I think many don't understand the method of mining deep and discount ...more  
Comment by frbosse1 on Jan 11, 2023 12:48pm
2012 43-101 Resource assessment had 125,000 ounces in the Morris area and GP sector 260,000 ounces. Management seems to be confident that there could be between one and two million ounces. (From EllisMartin Apr 2021)
Comment by frbosse1 on Jan 11, 2023 5:18pm
https://fokusmining.com/wp-content/uploads/2020/09/NI-43-101-Report-Galloway-08-2020_compressed.pdf For those looking for the most recent details on resource assessment (2020). New resource assessment will come in anytime now. Preliminary economic assesment will come after.  That being said, let's remember that their 2021 timeline was very similar and was deffered a whole year+. Would ...more  
Comment by winr88 on Jan 11, 2023 5:53pm
Thank you for your info frbosse1. I have never seen or heard of a 125,000 oz resource assessment in the Moriss zone. Is it possible you can post a link to that info?  Thank you
Comment by frbosse1 on Jan 12, 2023 10:20am
https://www.abnnewswire.net/press/en/105282/Ellis-Martin-Report-Fokus-Mining-Corp-(CVE-FKM)-Sees-Mineralization-at-the-Hendrick-Zone-of-the-Galloway-Project-in-Quebec.html   Interview between Jean Rainville and Ellis Martin earlier in 2021.  Start at Minute 4. I emailed Mr Rainville mid-last year to confirm and this is where he confirmed the figure. For anyone that doesn ...more  
Comment by winr88 on Jan 12, 2023 4:30pm
Thank you frbosse1. I listened to the interview. 125,000 oz Au in Moriss with 260,000 oz Au at GP andf add recent drilling and near surface oz could go over 500,000 oz.  I have talked with Jean Rainville as well as the Fokus PR person and I agree. Fokus is well placed near infrastructure and major miners as well as a successful jurisdiction. My other Exploration company is also close to all ...more  
Comment by frbosse1 on Jan 17, 2023 8:24pm
Thinking insiders are shaking up the dead wood before pumping the IR. Not supporting the stock like today and yesterday just make it seem like that.  - I know a couple of groups that together have accumulated for nearly 2 M shares at an average of $ 0.09.  - Also, I think IR team was issued shares near $ 0.27. - Management and institutionals hold about 4% - probably at a much ...more  
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