Focus Graphite Inc. (FMS.V)

2021.07.05 SEDAR : FMS announced today it has completed due diligence with Alumina Partners (Ontario) Ltd.
(“Alumina”), an affiliate of New York-based private equity firm Alumina Partners, LLC, and closed a first
tranche of private placement investment pursuant thereto.
Alumina is prepared to invest up to CAD$12 million in the company over a 24-month period for working
capital and general corporate purposes, including to advance both of the Company’s flake graphite
projects in Quebec.

I have scrolled through the recent comments and some are interesting. There may be confusion between quality of samples and solid assets numbers and what those of us in business call profits. Until they pull some of this stuff out of the ground and start to sell it to someone,. . . anyone, the stock price will stay sideways. A sense that could happen soon are finally getting closer. The fact that Canada is a frozen tundra until April doesn't help. The fact that previous management was more interested in "acquire and hold" didn't help. This company and its related ventures on paper are poised for break out. You can have the most quantity and highest quality but they must be ready and willing to part with some of it. Covid last year didn't help. The still closed border doesn't help. But in combination with the newer management and how the market for their product has been developing, we all should see some movement very soon. Other companies in this same space are selling at close to 0.50/Sh.

Hi Everybody!
Focus is on it’s way to 1$.
Every time I rehearse my understanding of the way market works I come up with the same conclusion
It would take too much space to explain my belief system but ultimately all we are talking about is the law of probabilities.
Just one suggestion based on my experience how cyclical growth stocks behave.
This is general observation:
There are three stages of existence as a public company with time frame between 10-30 years.
First stage share is down/flat for many years with occasional braking new all time lows. Second stage is short 2-4 years with explosive share price appreciation. Third and final is another long multiyear downtrend with eventual bankruptcy in the end.
We are in the second stage since March 2020. When Focus gets to 1$/or somewhere around that area/ in next couple years the management has to find a buyer or look for a merger.
Missed opportunity is going to be devastating to the shareholders

Always wondered why typical mb is empty when average daily trading volume drops dramatically?
Any ideas?
Let me guess,maybe because of share price is behavior is not what people expect?
If this is the case solution is very simple.Get rid of your expectations.
Imho what is happening is called technical correction/temporary disconnection from fundamentals/. There are two largest price gaps since cyclical bull inflection point. The largest one has been closed .07-.22. The other one .05-.07 is being closed as we speak. However 200dma support/resistance line is also being tested.

Impossible to predict positive or negative catalyst due to fact that it could be technical or fundamental or neither. Sometimes I think a bigger player decides to enter the game and creates a momentum.
Focus is hovering just above 200dma which for many stocks is a solid support/resistance line.
Daily trading volume is drying out as pps comes down from 52 week high at .22. Wa are already at between 50 and 75% severity of the correction unless 200dma is broken.
I do have another point of accumulation below 200dma, just in case.