Re: Shhh - FCV
in response to
by
posted on
Jan 12, 2010 09:20PM
Edit this title from the Fast Facts Section
haha well it seems we are betting against one another. best of luck to u as well and hopefully we are both in if it should take off.
Here is what HRA is saying if this helps. You could be right and i might start selling off some of my EAS to load up more on this one.
December Journal
Focus Ventures (FCV-V, FCVLF-Obb;
$0.85) has closed its financing, raising $6
million with the sale of 8 million units (one
share and 1/2 warrant exercisable at $1.00)
and is now gearing up for a more extensive
drill test of the Nueva California project in
Peru. We don’t expect to see initial drill results
from the new program before January.
There might be some anticipatory buying on
a drill start release but the quiet holiday period
should hopefully provide opportunities to
accumulate the stock before drill reporting
starts again. With the financing the company’s
new market cap is about $21 million,
but of course its enterprise value is only
slightly changed. Our outlook remains unchanged
from November.
http://www.focusventuresltd.com
January Journal
Focus Ventures (FCV-V; $0.99) is now
a wait for drilling results from its Nueva California
gold-silver project in Peru. Other than
completing its financing, FVC is as outlined in
the November Journal a straight forward attempt
to build a bulk tonnage resource
around a former vein producer. We do think
the company may start adding projects to its
portfolio, and to continue its focus on Peru if
it does. For now it continues with its speculative
buy outlook.
http://www.focusventuresltd.com/
when they say the november story...it was their cover story and send me a PM if u would like me to send that your way.
Im hoping to get Brent Cooks subscription when im done loosing money this month:p