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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 greggegenon Jan 19, 2019 2:29pm
140 Views
Post# 29255749

RE:RE:RTO or IPO

RE:RE:RTO or IPODear Stockmarket4.
You do make a plausible case...or rather...it's not implausible. Where might I find the conference abstract to which you refer?   Perhaps Gary's grand design will unfold as you suggest. But may I ask whether you can summon enough conviction in same (and possess sufficient risk capital) to add at current price levels?  Intelligent guesswork does sometimes pan out....but after all these years I simply feel it shouldn't be necessary!?  It is very poor substitute for having a management team capable of engaging with shareholders and clearly communicating a strategy (howsoever it may need to adjust to market conditions), demonstrating real/measurable progress and providing shareholders/investors alike with financial visibilty.  Whatever justification they have for the delays/snail like pace in developing the mine etc.... why would they simply allow the finances to barely limp along and the share-price to steadily wither. The world's best large flake graphite isn't going anywhere...but then again, neither is the company at this rate. I am not a seer and can't read tea-leaves....but the woeful communication from management is for me....deeply disconcerting to the point of suspicion?  Hope I'm wrong.  (Who said 'hope is not a strategy'?) Well, my only choice from here is to hang on, HOPE you are right, and see what may yet emerge.  Cheers, G.Egen/London
Bullboard Posts