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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 jim90on Mar 07, 2015 12:47pm
125 Views
Post# 23500272

RE:RE:Seriously though

RE:RE:Seriously thoughSo lets say you're right. 300 million shares, 10 cents each. They sell all their graphite, each year. They owe maybe 90 million, from loans, make $20 million in payments each year. They use $20 million to buy back shares at 10 cents each. What would that do for them, buy back 200,000,000 shares. problem solved. Share price would climb big time. You say they wouldn't have profits, they would, most graphite would be upgraded, big dollars.
Bullboard Posts