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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
Post by jimbo29on Jan 09, 2015 9:59pm
225 Views
Post# 23304626

Bywrong

BywrongI think it's time we concentrate on the positives we are beginning to see ie: current financing stage and I have to admit it was positive that Cat financial approached us regarding debt financing including finding us other possible financing options. Our Feasibility and pilot plant tests did show robust numbers which clearly does put us ahead of the pack concerning battery end users. IMO, yes I do not agree with the bonuses our previous visionary is making but now that we have a true mining guy running the ship I feel much more omfortable with my investment. Who do you think will attain full financing first Mason and Ngc at least a year behind us, Zen well would you invest in that company after reading their last few NR's not a chance and I'm sure you will agree with me.

We are beginning to show some strength in our SP and volume is starting to improve but still nowhere near the amount we need to clear the weak hands. We need to break our 500 day moving average which sits at 51.8 cents, once we accomplish this next week our next hurtle will be 60 cents. So you see it's not as bad as you think. Debt financing will be announced fist and equity later at a higher price. 
Bullboard Posts