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AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

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

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

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Question

posted on Sep 11, 08 05:22AM

Can anybody give me an idea of how FNC's results / visuals were? Were they good, bad, neutral, because when I read the news release they sounded ok (at least there was something to report) but the SP got smoked yesterday (down +50%).

Given the fact that I have no geological knowledge I am just trying to guage the markets reaction to any news that BMK puts out in the coming months. If they put out positive news and the SP goes down 20% to 50% the SP declines we have seen (IMO) are a direct result of global market turmoil and have little to do with the fundamentals of the company and the ROF as I think is the case with FNC.

However, if FNC's results were poor, then I am starting to doubt the ROF and suspect that the major increase in volumes we have seen this week in most ROF companies is a result of the news from the field leaking out and there is a big liquidation going on by people with better information than us.

This should all serve as reminder to us that were looking for a quick score that these companies are very volatile and risky. Also, I am just pissed that I got into BMK based on NOT being halted and I was looking to make a quick flip of the stock. Here I am two months later, averaged down a bit, but still a lot of money down the tubes.

GLTA

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