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

Focus Graphite Inc

Bullboard Posts

Comment by TKingadvisoron Oct 16, 2014 3:58pm

179 Views

Post# 23035424

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The plus side of FMS running out of money

FMS Cash
June 30, September 30,

2014 2013

2,081,776 12,174,671

Where did 10 millions go? in just 9 months .... if they want to survive they need to reduce the cash burn fast... start with cutting/eliminating salaries and stock compensation.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload