Letter to Shareholders – November 9, 2011
Focus Metals’ objectives and activities, as we move towards 2012, are aimed at positioning our company to meet current challenges and future opportunities in a changing global marketplace.
The specter of another global economic downturn looms large, while an overcapacity of graphite in today’s market risks putting downward pressure on prices even as new demand for green technology applications and graphene developments emerge from the lab and into consumer and industrial products.
Our mission has been to maneuver the company through 2011 and position ourselves for future growth. Our corporate financing done earlier in the year has put us in a position to implement our strategy to the fullest. 2012 will be an exciting year of the company.
This fall, we embarked on a dual strategy: internationally – to promote awareness of Focus Metals’ graphite and graphene advantages as an investment, and; domestically – to bring our mining development activities at our Lac Knife graphite and Kwijibo rare earths and copper resources in Quebec, into NI 43-101 compliance.
About Focus Metals
Focus Metals Inc. is a Canadian junior explorer and owner of the 16% carbon grade Lac Knife crystalline flake graphite deposit located in the Côte Nord region of Quebec.
Focus is fast-tracking the exploration program at Lac Knife with the aim of developing one of the lowest cost producers of industrial and technology-grade graphite in the world. A NI 43-101 compliant feasibility study on the project was completed in December 2011.
As a junior explorer with significant cash holdings, our company is poised to assume a leading position for graphite supply on a global scale and plans an aggressive program of acquisition, mergers and joint-venturing.
Focus Metals’ management has a history of success in commercial and technology development and innovation. Our board of directors is engaged, active and focused on shaping a result-driven business course that applies a core principle of building shareholder value in all activities.
We are committed to attaining the highest levels of corporate, financial, technical, environmental and socially-responsible standards.