The Focus Story"So Focus needs to stay on track and develop its mineral assets. Then it could easily turn into a company that large institutions and money managers want to buy. Indeed, if you look at the charts, that kind of buying seems to have started among the New York crowd last week.
Focus is on a medium-term development timeline -- three years. It'll spin off huge cash when it's up and running. So from the current market cap of about $65 million, this company could justify a much higher number. Say, in the $300 million range over the next eight months or so. Even higher in 18 months as management shows more progress on development. I believe we'll see the share price appreciate.
Right now, though, you have to respect the risks. Focus Metals is a Canadian junior. It has over $3 million in the bank, and it's spending it on development. There's no product coming out -- not yet. There's no cash flow. No earnings. No profits. No dividends. Management has to work hard and execute its plan.
I'm very optimistic, or I wouldn't discuss Focus. I'll watch what happens. But you've got to understand that it's not like you're buying shares in an established, technology-leading, cash-rich player like Goldcorp or Schlumberger."
- Murdock Capital
I checked but I didn't see it posted on the board. It is an article from July 17th.