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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 fourhundredon Jan 25, 2019 9:06am
141 Views
Post# 29280045

Solvencey-Credibility-Time=Share Price

Solvencey-Credibility-Time=Share PriceAt the AGM shareholders were told the application to build the mine was to complicated for the Quebec ministry to understand. I know that is hard to believe. Back to the drawing board to give them a simpler design for the Construction of the mine. I wonder where they are with providing a revised plan. 
They stated they had 80% financing. That was at the last AGM. How hard would it be to get another 20%?  A more believable story would be they have 20% and are looking for the other 80%. 
On that topic, I would like to know what was the return on the 200,000 Dollars a month given to Graphoid.  I think given describes the relationship better than paid. 
We were told we would start to see a stream of News Releases. There have been several. Unfortunately most have been about share liquidation. 
I have heard that they hope to have the other 20% of mine financing by the end of the year.  I don’t think that is from the INVESTMENT of the 200,000 Dollars a month given to Graphoid to find investors. 
I would like to see this stock reach .07 
What do you think the odds of that happening is?  
Bullboard Posts