State of Things Up a nickel: nice, but nothing wonderful.
Senior Management with substantial positions in Co. & Grafoid; a 52 week high of $ 1.78, the key players who brought FMS to market holding massive positions, above all the resource, and also of importance, how graphite/graphene will unfold as key materials over the next 2 years.
All of the above go to say that no one ''will let'' FMS remain a ''below-a-buck'' stock, certainly not at today's close of 73 cents. This is not some flip to make a few thousand here and a few thousand there. There are people determined to see FMS at $ 2.50 - $ 3.00 which could easily come in the next 6 months. FMS does not need to ever go near production for big money to be made by big shareholders (think of individuals above). Let SP appreciate to 3-4 dollars and then entertain buyout ideas. FMS can be at 7-8 dollars by the end of the year on a steady flow of press releases, increasing public awareness of graphite, a JV agreement, and perhaps third party purchase interest. All parties will be satisfied. All long shareholders will have made big dough and we can end 2012 on a high note. For those that still have the gull to doubt in this company, you are wrong! There are only so many words that can state the true state of things, but doubting is hurting the institutional investor that may be possibly thinking of investing in FMS. DD is important yes, but not the knit-picking that some posters like to do on here over the last month. There are def. pro-NGC individuals on here without a doubt. NGC is low-grade. Sorry. Remember this is still a jr. jr. firm, but a JV is near so maybe FMS will move one step closer to production phase. But remember FMS at 73 cents is a steal. This is not pumping. This is the real deal. It would be like buying a loaf of bread for a senior mining firm to swoop FMS up right now ;). Regards, Jin.