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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. The Company is engaged in the exploration and development of deposits of flake graphite located in Quebec, Canada. Its projects are Lac Knife and Lac Tetepisca projects. Lac Knife project is a high-grade crystalline flake graphite deposit located in northeastern Quebec, approximately 27 kilometers (km) south of Fermont. The property consists of approximately 57 mining claims covering 29,863 hectares. Lac Tetepisca project comprises two properties, Lac Tetepisca and Lac Tetepisca Nord. These properties are located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, approximately 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of St. Lawrence River in the Cote-Nord, Quebec. Its properties form a block of approximately 115 claims, covering 6,000 hectares within the Manicouagan-Ouest Graphitic Corridor.


TSXV:FMS - Post by User

Bullboard Posts
Post by cosmicman46on Sep 30, 2015 2:50pm
337 Views
Post# 24150177

Don Baxter

Don Baxtergot a job very quickly with Alabama and yet he still sues FMS. He must be really pissed off at Gary .I don't know if FMS will still be in business by the time a trial happens, but if they are this should be REALLY interesting. As pointed out this will be a major distraction for FMS and will really hurt the funding abilities of both FMS and Grafoid.What I have always wanted to know is how many shares outstanding would FMS have if they were to get to production.They have around 125 million now but at theese levels and in order to raise 160 - 180 million , and if they can monitize some money from Grafoid, would they then have 300 0r 500 0r 700 million shares years from now? Pick your number but they will never make any money! I also think that if there is a trial vs. settelement, the information will give any futur shareholder lawsuits alot of amunition.
Bullboard Posts