RE:RE:RE:Great news....Byron King's recommendations are absolutely a disgrace to the investment community.
He promoted ample rare earth companies too that either trade now at all time lows or are de-listed.
His recommendations were all made in the TSX Venture peak of Spring 2011.
Dilution in FMS shares has been covered amply the past month. Sharefloat is over or near 300 million now on a 6.5 cent stock. So on the latest news, there was a bit higher volume and SP moved up half a penny. Yawn.
See all my posting history. I know this sector
inside out contrary to the naysayers who think I "am crazy" or "off my meds."
Did I not predict where Mason would go just a few weeks ago?
$ 2.08 a share now. Now that Mason i.e. LLG over $ 2.00, the security becomes margineable so expect even more SP increases as more of the public invests in this story.
There was always going to be just one success story out of Quebec in the graphite space and the serious $$$ went to LLG. JUST SAYING. Furthermore, the Liberal Gov't fully backs LLG as part of Plan Nord.
Not only that, but folks, there is ZERO EXECUTION of FMS' strategy. Go back and watch the Youtube PDAC videos from 2013-2014, nothing happened from all this talk!!!
Just outrageous. IRONICALLY, As Byron said "that's the cash register for this company" the only cash register here has gone to fill management salaries leaving shareholders completely dry! JIN
rob926 wrote: I have been a long time owner of FMS that goes back to early 2011. FMS like so many of Byron King's recomendations is still in the cra p er. As bad as FMS has done at least it is still afloat unlike a bunch of Byron's picks back then.
I have one question. Does anyone know how much dilution we have had since 2011? I'm guessing we are all holding a much smaller piece of the pie with all the fundraising to pay Gary and gang!
Just for laughs here is a clip with a buy up to 95 cents when I first bought in.
The Focus Story
Focus is putting together a very doable mine-mill project with a three-year timeline. In addition to graphite, Focus holds rights to a nice rare earths and copper deposit, also up in mining-friendly Quebec. This latter claim is intriguing, but I really like the graphite play.
When I met CEO Gary Economo last week in New York, he told me that his "focus" (so to speak) is on getting the graphite deposit into gear. That's the cash register for this company. And that works for me. Bend some metal. Build that mine!
One great thing about mining graphite is that it's not over-the-top complex. That is it's not like you need rocket science levels of hydro-metallurgy, like you do with rare earths. Graphite is a pretty straightforward mining and milling concept. With Focus, there's an utterly phenomenal ore body that gives this play so much potential value. It's among the best ore bodies of its kind anywhere in the world.
Focus shares took a strong upward pop yesterday. Part of it was the fact of the ESI recommendation hitting the wires. But the shares already had momentum, based on an excellent presentation in New York last week by Mr. Economo at a conference sponsored by Murdock Capital.
At the Murdock Capital presentation, I saw money managers typing on their "CrackBerry" devices, apparently with buy orders. That's not how ESI works, of course. Heck, I don't even have a CrackBerry. I'm just an old-fashioned cell phone kind of guy.
Still our advantage at ESI is that we're among the early investors with Focus. The rest of the investing public is out there, waiting for this idea to filter through into the free blogs, investment-oriented media and such.