Post by
juhans on Sep 26, 2014 5:17pm
Greatful for another better calculation
Because i have been getting a chunk of these, so really, if anyone want to give a answer on/ if my calculation was wrong, please give us some much needed info, ok. My calculation was obviously based on what Fospac was given for their property, but maybe you in here expect the producers already in the area to outbid another for Focus property? Also, from what i understand the other properties is fairly close? Maybe so close that they can use their own already built infrastructure partly? If so this resource could be very valuable i think. Maybe they dont need to build really a mine at all!
Comment by
wayned on Sep 26, 2014 7:03pm
Also just checked Canadian Insider . Insiders are buying up pretty well anything that comes up for sale .Mario Szolander especially again this week . He is a very savy , very wealthy South American investor . I just can`t understand why he would keep buying if he didn`t know this will be big . He has so many shares now he could never get rid of them without destroying the company . Just sayn`
Comment by
RedSox on Sep 26, 2014 8:00pm
As of May 8 2014 he currently owns 17% of the stock. Below is a snippet of Mario Szotlender's holdings in FCV. Mario Szotlender now owns 1,836,623 shares or 17.1% of the issued shares of Focus Ventures, and assuming the full exercise of his warrants and option, he would own an aggregate of 2,436,623 shares, or 21.5% of the issued and outstanding shares of the Company.