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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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Message: hell freezes over

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Re: hell freezes over

in response to Re: hell freezes over by Innovator
posted on Nov 11, 09 12:25PM

the news is excellent, there is no question about that. they can start drilling as of yesterday. as far as royalties and taxes are concerned, each mining company will negotiate a stability agreement with the government, but there is plenty of time for that since it will take years to put fruta del norte into production. in the meanwhile they can do the engineering and metallurgy at the same time as the drilling, so they can move to pre-feas by early next year.

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