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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 KilroyisHereon Apr 02, 2013 5:30pm
222 Views
Post# 21201027

RE: Kilroy that hurts OGO really!!!!!!!!!!

RE: Kilroy that hurts OGO really!!!!!!!!!!

Jimbo: I get a sense that something's been brewing in that we've been held back in the .70 range for the last few months. We missed the big hit last year when other juniors dropped 500-800% in value. The fact our SP hasn't freefallen I think tells a story in itself.

The current graphite market is in decline and FMS has the funds in hand to maintain its operations for the next several years without having to go back to the market.

Offtakes will put future funding issues to bed permanently and enable financing. FMS remains is a serious new player in the market. 

FMS shareholders own 40% of Grafoid, an asset that has yet to be valuated. The graphene story keeps getting larger and if you've been following developments, I think the time is closer than we think to the first round of market monetization. 

We'll have some idea later this year when the Samsungs and Dow Cornings and other majors enter the picture.

I meant no harm or foul by my comment. Glad you took it that way.

 

 

Bullboard Posts