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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 rob926on Mar 23, 2016 10:26am
152 Views
Post# 24692280

RE:NON DILUTIVE FINANCING

RE:NON DILUTIVE FINANCINGIf we are selling 7 million shares of Grafoid would'nt we be getting 35 million? If so the stock would be over 35 cents. I'll bet our shares are going at a huge discount to $5. Our share price today only values the deal at about 50 cents a share for Grafoid. By the time this mine gets off the ground Gary and friends will have milked it dry. We are allready up to 143 million outstanding shares and who knows how many millions in warrants. I have held shares in this pig since allmost the first time Byron King pushed it as a huge opportunity only to see it go down like so many of his other recomendations. At least this one is not zero yet! Now if Grafoid is a home run we will not own hardly anything in it.
Bullboard Posts