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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

Post by schnauseron Jun 11, 2014 2:23am
168 Views
Post# 22648152

Respect and Attention

Respect and AttentionFCV will get the respect and attention it deserves when they put out the PEA in September (80M tonnes @17%P2O5), raise the money to make their option payment in March 2015 ($3M), and up the resource with infill drilling in the first half of 2015 (to 120M tonnes), so that when they sell Bayovar for $.75/share to Mosaic (or whoever), the stock will be worth $1 because the market sees that they have enough property, and the experience, to do it all over again.

My numbers could all be wrong, but it doesn't change anything about the investment decision here at $.30.



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