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Fokus Mining Corp V.FKM

Alternate Symbol(s):  FKMCF

Fokus Mining Corporation is a Canada-based mineral resource company. The Company is in the business of acquiring, exploring and developing mining properties and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway Gold Project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a total area of 2,668 hectares. Galloway property is less than 30 kilometers (km) west of the Rouyn Noranda mining district and is accessible via Trans-Canada Highway 117. The Galloway property is the result of the amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3 km wide corridor of gold bearing structures over a total length of 10 km along the Larder-Lake-Cadillac Break (LLCB).


TSXV:FKM - Post by User

Bullboard Posts
Post by 10bagson Oct 17, 2007 12:56pm
298 Views
Post# 13588458

Why I bought

Why I bought- 57 million shares outstanding, fully diluted - $3.9 million private placement (July 6) - 40 drill holes being drilled – lotsa news to come - established relationship with major company FNX (financing, JV, buyout potential) - board of directors includes Gord Morrison from FNX the “acknowledged expert in the exploration of the Sudbury Basin” and technical advisor to the Voisey’s Bay exploration program - previous holes assayed up to 7 metres 1.31% copper, 1.36% nickel plus cobalt, platinum, palladium Do your own due dilegence! - great looking chart - the great risk-reward potential
Bullboard Posts