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Focus Graphite Inc 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

Comment by Treravennaon Mar 25, 2024 12:22pm
144 Views
Post# 35950964

RE:RE:Focus

RE:RE:FocusThere are several outcomes I can see. A partnership, acquisition or bankruptcy. Since focus is further along than some other plays, has premium properties and based on sedar Jeff has loaned the company money in the past, bankrucpy is unlikely. Taking these into account, I place a very low probability on bankrucpcy. From my perspective, this leaves a partnership or acquisition as the likely outcomes.There are too many unknowns to palce a realistic value on these shares today. I can only say what I think, these prices are very low for the potential they possess.
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