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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 BywrongKon Jan 26, 2019 12:48pm
73 Views
Post# 29284957

Goodbye graphite mining...RIP FMS

Goodbye graphite mining...RIP FMSNote 3(g) says it all. As some have posted here...the only mining that will ever take place ....mining shareholders pockets. Where are the PumpTards like Fluff90 that has been claiming for years that FMS would raise the $$ to bring Lac Knife into production? I did wonder why so much flow-thru $$ was being raised...when mngmnt has been claiming Phase 2...development...was just around the corner. Now it looks like...JMHO....they are trying to put some lipstick on a $250K chunk of moose pasture to try and find a bigger fool to buy it. As some have posted here over the years...too high a % of fines to be economic.
Bullboard Posts