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Bullboard - Stock Discussion Forum FOCUS VENTURES LTD. V.FCV

"Focus Ventures Ltd is a Canadian-listed exploration company. It is engaged in the acquisition and exploration of mineral properties located primarily in Peru. The company focuses on developing the Bayovar12 sedimentary phosphate project in northern Peru. Focus Ventures operates through two geographic segments namely Canada and Peru."

Bullboard (TSXV:FCV)

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Comment by wannabeinvestoron Jan 06, 2016 11:47am

RE:RE:RE:RE:RE:When Brent walks away

17% return in an open pit high-grade mining project with all the infrastructure in place. Risk-reward is better than that of DAN I dare say. They don't have to raise 150m. They will sell the ...more  
Post by gmarc66on Jan 06, 2016 10:44am

nice drop to hit a double bottom....

nice grab for those that got the .06 which was the low hit in July 2013...very oversold , could see some decent climb once it settles..glta
Comment by JimTorontoon Jan 06, 2016 10:12am

RE:RE:RE:RE:RE:When Brent walks away

Some of your points are valid. Thanks. But IRR is not the actual return that investors would get after making an investment. If 17% is the actural return, as you claimed, then the NPV would be Zero ...more  
Comment by Thanksforplayingon Jan 06, 2016 9:52am

RE:RE:RE:RE:When Brent walks away

Let me explain it again to you.  17 percent return is a lousy potential return considering the risks.  Investing in Peru.  A mine that hasn't even broken ground.  Sector risk ...more  
Comment by waynedon Jan 06, 2016 9:03am

RE:RE:RE:When Brent walks away

   Thanksforplaying , amazing how civil this board was till you showed up with the bad news . On what planet is 17% a lousy return ?   If the deal is over why don`t you move on .
Comment by Sinusituson Jan 06, 2016 8:57am

RE:RE:When Brent walks away

Cook misjudged the entire play...he thought it would be a quick flip to a buyer or a strategic partner...he was wrong. He also thought they would have higher margins on their projected products, but ...more  
Comment by wannabeinvestoron Jan 06, 2016 8:52am

RE:DAN vs. FCV

this is a good comparison, thanks for posting.  In addition FCV's product can be applied directly while DAN's cannot (at least they are not advertising it).  Pretty sure FCV will ...more  
Comment by wannabeinvestoron Jan 06, 2016 8:41am

RE:When Brent walks away

brent Cook panicked recently and had his clients dump AKG. The stock has recovered nicely and the mine is going ahead. Cook was promoting FCV when it traded around 0.30. If he's suggesting ...more  
Post by JimTorontoon Jan 05, 2016 10:29pm

DAN vs. FCV

DAN: $1.9 B NPV, Pre-tax 20.7% IRR, Pre-tax Total Capital Cost: $1.2B Market Cap as of Jan. 5 2016: $91.5 M FCV: $252.9 million, Post-tax 17.2% IRR, Post-tax Initial Capital Cost: $127 million ...more  
Comment by Thanksforplayingon Jan 05, 2016 10:25pm

RE:RE:When Brent walks away

Wait things out?  Lol.  Yeah pigs will fly before someone writes them a 150 mil cheque for a lousy 17 percent return. In Peru!  Lol. The deal is over!
Comment by Sinusituson Jan 05, 2016 8:41pm

RE:When Brent walks away

this play has little to do with mining geology per se, Brent Cook's specialty, and expertise,and more to with financing and balance sheet. Brent Cooke knows little about phosphate mining in Peru.  ...more  
Post by investedwolfon Jan 05, 2016 6:56pm

When Brent walks away

I leave with him as few truly understand the economics of mining better than him.
Comment by waynedon Jan 05, 2016 6:37pm

RE:RE:RE:RE:RE:RE:RE:Wake up. Numbers suck, hence the sell off

going to be interesting to see how much insider buying went on today.
Comment by bulavaon Jan 05, 2016 6:28pm

RE:RE:RE:RE:RE:RE:Wake up. Numbers suck, hence the sell off

all that buying in the past 2 years has been over or around the 20c mark, so everyone is massively underwater here.
Comment by bulavaon Jan 05, 2016 6:18pm

RE:RE:RE:RE:RE:Wake up. Numbers suck, hence the sell off

Excellent point. There was substantial insider (and constant) buying for a long time before this PFS. But this is one example of when insider buying is not indicative of a successful stock pick.   ...more  
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