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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 JintsuGehanon Sep 25, 2012 6:43pm
230 Views
Post# 20413499

RE: RE: RE: PEA Out Monday

RE: RE: RE: PEA Out Monday

If FMS actually does release it on Monday.......... that's a big IF based on what Gary told you in his e-mail response. I wouldn't hold my breath. Totally disregarded my e-mails and other investors that I know of. All were polite and respectful, and to no avail could they even elicit a response. Yet according to Lodog, Gary points out the exact date of PEA release. Perhaps you're connected w/ upper management, perhaps not, either way Gary still has WEEKS as of September 10th (since the press release said a FEW weeks). It's only been 15 days. Watch it take longer. Sadly FMS has lost credibility-big time-since everything has been delayed, sorry but almost 4 months is despicable and totally unprofessional. When you say something, you carry through with your big talk. If not, just keep quiet. That is proper respect to all stakeholders. Also, recall the August 28th "update to shareholders'' also stated the PEA would be out in a few weeks. Then September 10th, Gary gets another reprieve to release it once again in ''another few weeks.'' This is the make or break document. Already Ouellet wants to raise mining royalties in these first few days in office; Marois has already created 2 new tax brackets for high-income earners and will probably propose a fall budget; and everything put together makes the economics of QC seem burdening on everyone here esp. in the business community. FMS will need gov't support to the highest level to get the project launched. This is a serious project and will need serious cooperation. This is not a scare tactic as I am invested in here, but the reality of where things stand.

Bullboard Posts