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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

Bullboard Posts
Post by slashnhackon May 07, 2015 9:53pm
239 Views
Post# 23706777

Clearsudden

ClearsuddenJimbo29 makes a good point why the .32 cent share price? It will be interesting to see the next filing. Share structure very poor. No mine closure plan approved. No date as to when the off take partner wants graphite. No financials concerning Grafoid thus IMO hard to quantify the value Grafoid brings to FMS apparently there are many who support this comment or the share price of FMS would be higher. After the financings in the first quarter of calendar 2015 they had enough money to pay off the December 31, 2014 liabilities and had approx. $900,000 to run the company from Jan 1 to the current date of May 7. How much money do you think is left? We shall see on May 31. There are retail investors and there are fairy tale investors clearsudden I doubt you are either me thinks you are close to the inside.
Bullboard Posts

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