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Focus Graphite Inc 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

Comment by graphite13on Feb 05, 2023 4:27pm
89 Views
Post# 35267903

RE:Financial risks, current capital deficit of $2,733,431

RE:Financial risks, current capital deficit of $2,733,431Mining exploration companies by definition have no earnings. No earnings means that by necessity investor money is needed to achieve their goals of exploring through drilling the properties they have rights to. This is how its been for at least a century. If you don’t understand this, you really should not be investing in this sector.

The paragraph you quote is standard CPA talk that is in every junior mining financials. Please see page 6 of your own stocks latest financials (NGC). The paragraph is identical because it is standard.

Each time you spew nonsense on this board your credibility approaches zero. Do yourself a favour and try and save an ounce of dignity.

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