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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 jimbo29on Aug 29, 2014 3:35pm
249 Views
Post# 22891169

RE:RE:RE:RE:importance

RE:RE:RE:RE:importanceSome good points rob926. Today might just be some institutions re-organizing their books for month end but still we need to hold. I was a little surprised that the first offtake did not include participation in our financing needs, this might have made a difference to the market. I have faith that Don Baxter is working in the best interest of the shareholders and that the next offtakes announced will include end-user participation or simply let them buy their graphite from someone else. The elephant in the room is Tesla/Panasonic and whoever gets the first agreement from them will win the race when it concers shareholders. This will make financing needs easier and you will get full exposure in the states. Hopefully FMS can find better end-user agreements and if possible dump that Chinese one.
Bullboard Posts