Focus Graphite
The Focus Lac Knife graphite deposit is located on the Labrador border and contains a NI 43-101 compliant resource of some 8 million tons grading 16% graphite, making it the highest grade graphite resource in the world.
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Focus Metals Inc. (TSX-V: FMS) Add one to the successful count of a Falling Wedge Pattern! Man I love this pattern. I'm sure glad George has me re-look my chart yesterday and when I saw it, I took position in Focus Metal at $0.78 in the morning. Time and time again I've played this chart formation and it has been so far the one that has paid me the most. If you're interested in reading up on how to play this chart pattern, I wrote an article not too long ago about it called How to Trade a Falling Wedge Chart Pattern. There are several steps in playing this formation once it has broken out and if you play them correctly, you can increase your earnings by about 20% instead of just buying and holding until it reaches its ultimate pattern target price.
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