End of Month - May 2016End of the Month (EOM) report for May 2016.
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FCV.V closed on 04/29/2016 at C$O.08
FCV.V closed on 04/29/2016 at C$O.09
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This was a 1.0-cent, or a 11.1%, loss for May.
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S&P 500 Index, at 2096.9, gained 1.5% in May. [4.2% above its MA(200) @ 2010.9]
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Two Hundred Day Moving Average [MA(200)] stuff.
FCV.V’s MA(200) ended May at $O.106
FCV.V is 24.5% below its MA(200).
[ Looks like a 25% off bargain sale to me. ]
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News Releases in May.
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May 17, 2016 Focus Ventures Conference Call Details
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May 16, 2016 Focus Delivers Pre-Feasibility Update for Bayovar 12 Phosphate Project, Peru After-Tax NPV $458M • IRR 26.4% • Payback 3.9 Years • Mine Life 20 Years
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RJ