First Phosphate Corp C.PHOS

Alternate Symbol(s): FRSPF

First Phosphate Corp. is a Canada-based mineral development company. The Company is engaged in extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (LFP) battery industry. It holds over 1,500 square kilometers (sq. km) of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada. Its properties consist of anorthosite igneous phosphate rock that generally yields high purity phosphate materially devoid of high concentrations of harmful elements. The Company's properties include Lac a l'Orignal, Begin - Lamarche, Bluesky Area, and Larouche. All the properties consist of a series of staked claims and claims acquired under various option agreements in the Saguenay-Lac-St-Jean region of Quebec. The claims are 100% owned by the Company and are free of net smelter royalties. These properties are in the exploration stage.

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First Phosphate Corp > First Phosphate and Lithium Australia Sign MOU

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Comment by tweezer1957on Dec 11, 2023 8:10am

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Post# 35777452

RE: First Phosphate and Lithium Australia Sign MOU

On the surface great news. major achievment for management. I keep saying management is smart but read the article.
First Phosphate stock opened 2.5 per cent higher, trading at $0.35 per share and has gained 30.5 per cent over the past month. Lithium Australia opened 12 per cent lower to trade at $0.01 per share.

At .01 per share and the market cap of PHOS these guys will not even be able to buy a copy machine.

I keep saying sell into strenght.

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