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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."


TSXV:FCV - Post by User

Bullboard Posts
Post by gold_staron Apr 19, 2010 9:14pm
545 Views
Post# 17009050

hedge funds

hedge fundsI agree. It is probably because there are so many companies to distract one these days. Plus the Hedge funds move
capital from one drill play to the next . They don't stick around with any one firm. They have  some risk capital allocation. And they move them from one company on the list to the next based on who is drilling next. They sell half out on the pop
before the drill and if the drill fails remove the remaining half immediately after the results. That is why it seems strange to but and hold investors. Focus looks like a great buy at this point. But going to wait till I buy some more. Don't want to catch a falling knife. Probably going to start putting bids out at 0.51,0.5 .....
Bullboard Posts