FOCUS VENTURES LTD. V.FCV

RE:RE:Latest NR

[wannabeinvestor]

5* for the post.

wayned wrote:
Once again it seems nothing can move the share price . Investors just aren`t interested in the industrial commodities that we all need to live . I`ve hung in for five years and averaged down several times . I think that my best expectation now is that a major makes a generous offer for the company and I can try to break even . The resent news on the copper deposit could be huge and that made no difference . The world has really changed . Wait till people try to eat their I-pads .

what I liked is this:

The resource estimate is based on 20 boreholes (2,027m) drilled over 650 ha of the 12,575 ha property, at drill spacings of 800m. The resources are distributed between 13 individual soft, free digging, horizontal phosphate beds hosted within the Diana Formation, a sequence of diatomites that begin as shallow as 26m below surface. The mineralization is open in all directions. The grades and widths of individual beds are very consistent, unaffected by faulting or structural features, and easily correlated across the deposit. Vale is believed to be mining the same beds at their Bayovar Mine 15km to the west of Bayovar 12.