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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

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beaver65

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TRIC

posted on Oct 05, 09 12:26PM

I was speaking with Arness at TRIC San Gold booth for about 20 minutes.

He said if the can confirm a connection between Cohiba and Hinge, then it pretty much slam dunks this deposit as 'huge'.

The 43-101 will be awhile longer, maybe December. This board was misled on the 'end of September' timeline.

He states that Ned probably doesn't even know how much San Gold Dundee owns. When you talk about who's managing the Dundee accounts, it's Robert Cohen and NOT Ned Goodman (winkin', blinkin' and cohen?).

He hopes that no one comes and makes an offer. He wants to prove up the ounces and let it grow organically, as any offer will be too low. This seems to concur with what Hugh told me via telephone a couple of months back.

Another attendee was pressing Arness as to why the other peer group golds (Rubicon, Lake Shore etc.) stock price were way up, but not San Gold. Arness responded by saying that the LSG and SGR's matket cap were not that different, and that LSG has a much smaller float.

FWIW.

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