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Fokus Mining Corp V.FKM

Alternate Symbol(s):  FKMCF

Metals & Mining Industrial Metals & Minerals
Fokus Mining Corporation is a Canada-based mineral resource company. The Company is in the business of acquiring, exploring and developing mining properties and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway Gold Project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a total area of 2,668 hectares. Galloway property is less than 30 kilometers (km) west of the Rouyn Noranda mining district and is accessible via Trans-Canada Highway 117. The Galloway property is the result of the amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3 km wide corridor of gold bearing structures over a total length of 10 km along the Larder-Lake-Cadillac Break (LLCB).


TSXV:FKM - Post by User

Fokus Mining Corp > compare FKM to explorers in the 8 cent range or higher
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Comment by winr88on Jan 10, 2023 7:27pm
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Post# 35214672

RE:RE:RE:RE:RE:RE:compare FKM to explorers in the 8 cent range or higher

RE:RE:RE:RE:RE:RE:compare FKM to explorers in the 8 cent range or higher
I found this gem when I read about them being in the top ten gold drilling intercepts reported for exploration companies. I have been adding for a while now and with the resource estimate coming soon I bought a few more last week and this. These gems are few and far between. Sentiment is what has held this company SP back as I think many don't understand the method of mining deep and discount the potential. As it stands if just the surface Au oz are counted and it's 400,000 oz then with nearly 100 million shares that equals about a potential 40 cent  SP if one uses a $100 an ounce as a buyout price of a junior with a deposit. That's very conservative if one reads the info in the web address here.

https://munknee.com/how-to-value-a-junior-miners-gold-in-the-ground/
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