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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

Bullboard Posts
Comment by Lodogon Apr 03, 2012 3:37pm
303 Views
Post# 19754499

RE: repitition again by me.

RE: repitition again by me.

I believe it has been mentioned on this board, the idea of using the two capital pool companies that Gary started, Mincom and Stria.  The intention would be just that, to spin off likely the assets of the REE side or other metals perhaps into a new company and potentially even spinning out Grafoid with the other name, keeping Focus Graphite as a pure play graphite company.  I hope this happens and I suppose the AGM would be the venue to do so.  Shareholders would suddenly have three pure play companies they own.  Not sure if this would impact the capitalization of each and how this is broken up, meaning how much of the 20-30 million in the bank would a Focus Graphite be entitled to control, versus having to finance Grafoid further?

Bullboard Posts