Focus Ventures (FCV.v): Jeesh Lobito, is that all you got these days?

Wow, looks like you're losing your touch, dude. Time was when people actually listened to you....

DYODD

Focus Ventures (FCV.v) and The Yorkshire Tell

Here's a freebie for all concerned. People from Yorkshire England are famous for being...well, what's the diplomatic phrase here?....errrr...."CAREFUL WITH THEIR MONEY AND HOW THEY SPEND IT" * and so when a Yorkshireman born and bred goes out on a limb and puts his own hard-earned cash on the line, pay extra attention because it's a big tell for the near-term future.

Focus Ventures Ltd. (FCV)						As of April 5th, 2011
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Apr 05/11	Apr 01/11	Cass, David Maurice	Direct Ownership	Common Shares	10 - Acquisition in the public market	16,000	$0.390
Apr 05/11	Apr 01/11	Cass, David Maurice	Direct Ownership	Common Shares	10 - Acquisition in the public market	9,000	$0.385

IKN leaves you with this as further evidence:


DYODD, bah gum.

*aka tighter than a duck's sphincter


UPDATE: Reader "D" mails in:

Hello Miss

I wish to register a complaint.

These Python chaps obviously  think it is clever to mock individuals who emanate from Gods own country when they obviously have no idea of the hardships that have been endured there ( well apart from that Palin one and he is from Sheffield so that doesn't count really ).

I really lived for three months in a brown paper bag in a septic tank. We used to have to get up at six o'clock in the morning, clean the bag, eat a crust of stale bread, go to work down mill for fourteen hours a day week in-week out. When we got home, our Dad would thrash us to sleep with his belt! It is true I tell you.

I am so disappointed that such a fine purveyor of research such as yourself has taken such blatant anti yorkist propoganda as gospel.

 We are the most generous people within the British Isles - why, I remember clearly buying my brother a pint for the millenium celebrations ( not that he returned the favour... git!).

Otto please... your impartiality and balance of judgement are clearly failing.

 Recant without delay and make atonement by offering a discount to all subscribers who emanate from the broad acres.

Your sincerely

(Sir) Geoffery Boycott 

 

IKN Adds: Reader D's argument is made suspicious by the mis-spelling of Boyk's name. Surely no true Yorkshire blood would do such a thing?

Is Simon Ridgway bringing Emerick Resources (ERC.v) out the broom cupboard?

Simon Ridg....hold on! Shome mishtake shurely ossifer!

The Gold Group stable (aka "The Ridgway Companies") have had a pretty decent last six months, as this chart shows. Radius (RDU.v) is up tons, Fortuna (FVI.to) over a double, new kid in town Iron Creek (IRN.v) has started well and even Focus Ventures (FCV.v), beaten up when its Nueva California drill program caught a whole bunch of newsletter writers overhyping,  has made a recovery from lows and is active with the drill machine again.

All except Emerick Resources (ERC.v) that is, the Ridgway Yukon area vehicle that found very little via chasing up soil samples at its projects in 2009. Yup it's up a bit, but the volumes have been pitiful with zero market interest about the ticker. But is that about to change? Checking over at insider activity this morning, we note....

Emerick Resources Corp. (ERC)						As of December 7th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Dec 07/10	Dec 02/10	Keyser, Harmen J.	Direct Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report
Dec 07/10	Dec 02/10	Cass, David Maurice	Direct Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report

...insiders taking up a position in ERC (with the name "Cass" particularly intruiging). I don't own ERC and I'm not planning on changing that in the near future, but I will be keeping an eye out on the newsflow to see if the company starts the resurrection shuffle. This one got pumped by Casey back in 2009 and although it's the type of promo that house tends to "forget" they ever did, it does show that the communications channels are already set for the shepherds. DYODD, dude.

Focus Ventures (FCV.v) news

Terms looks fairly reasonable, too. Here's the NR:

Focus Acquires High-Grade Silver-Lead-Zinc Project in Peru; Samples up to 107 oz/t Ag, 11.7% Pb, 11.8% Zn over 0.7m

VANCOUVER, Nov. 30 /CNW/ - Focus Ventures Ltd. (TSX-V: FCV.V) is pleased to announce that it has signed an Option and Purchase Agreement to acquire the Santa Rosa Mine, a high-grade Ag-Zn-Pb deposit located 100km north of the Peruvian capital, Lima, and 70km southeast of Focus' Minas Chanca silver project.

The 551 hectare property is situated at an altitude of between 4,000m and 4,500m above sea level within the prolific Central Peru Polymetallic Belt, which hosts a number of world class silver, lead and zinc deposits such as Iscay Cruz, Uchucchagua and Cerro de Pasco. The Santa Rosa project represents the Company's fourth acquisition in its on-going search for high-potential, advanced-stage projects across Peru. Focus is currently CONTINUES HERE

Focus on gossip

So apparently, the reason why Focus Ventures (FCV.v) stock has done this in the past few days.....

......is that the company is about to release news of a new property deal in Peru. Ts getting crossed and i's getting dotted right about now on this one, in fact.

Strange, you'd have thought that jungledrums getting out like this would be frowned upon by Ridgway&Co, what with their normally decent industry reputations, but it seems that they don't care so much. DYODD dude and watch those wires to see if the IKN dope is vrai, faux ou salade.

UPDATE: O RLY?

VANCOUVER, BRITISH COLUMBIA, Nov 29, 2010 (Marketwire via COMTEX) -- The following issue(s) have been halted on the TSXV today:

Company / Compagnie Focus Ventures Ltd.

TSX-V Symbol / Symbole FCV

Reason / Motif Company request pending news

Halt Time (ET) / Heure de l'Arret 15:05 E.T.

Black country gossip

Hey, did you know that Ridgway bought 100,000 shares of FCV.v last Thursday? It's not on Canadian Insider yet, but if you click on this link Tuesday (i.e. tomorrow) you'll see it filed.

Focus Ventures (FCV.v)

Focus Ventures (FCV.v) came out with drill results from its 'Nueva California' project this morning. Find the presser right here and find the market reaction right here:

Yup, exploration is a tough, tough game. The drills found gold, but really not enough to make anybody go "this is a mine". However all is not lost, cos the people behind FCV.v aren't a bunch of scamsters. Quite the opposite in fact; they have a high reputation for good work and honesty (not like others we could mention that constantly BS the market and need to be avoided like the plague).

So Focus Ventures has lost a round in the fight, but not the fight itself. Over at The IKN Weekly we've been watching and waiting on the stock without taking a position, so if the price drops sufficiently there may eventually be a buying opportunity (but there'll be no rush to move in this week, that's for sure). More on Sunday, folks, but so far the waiting game on this play has paid off.