TSXV:FCO.H - Post by User
Comment by
westernkidon Oct 26, 2011 8:30pm
349 Views
Post# 19184670
RE: big bids
RE: big bidsCar-Man
Why do you think the TSXV was set up in the first place?
To fleece the small guy? Yeah, your right...
There are very very few who can beat the presently setup/system!
Some learn quickly...for others it may take years...then...Bend Over.
Just like "hope" and "change"...You take it in the check book.
As the streets are controlled by the "strong arms" and guns...
So are the "shares" (at least the price therof) controlled by similar organizations.
As you pointed out....49 divided by RS is .07. (Who's average price is lower than this?)
For seven cents...(X7) you can now own:
Silver in Mexico.
Uranium in Canada.
Gold mines...
Cobalt (unkown [at least unpublished] amounts of high purity) in Idaho.
Ree's. (again un published amounts).
A very fine/fancy Refinery. (Was reported replacement value was 50MM but
lately said to be worth 20MM-(Why - maybe the value of actual $ spent?)...
Some of the finest hunting grounds in Idaho.
A fully permitted - (but yet unproducing) Mine.
A good share of the capital equipment necessay to set up a mine.
Infrastructure - well - I think it is in place. At least they have worked on the roads for years.
Customers?...Nothing solid to report (talk/talk/talk) yet.
Price of Cobalt? Got a dart?
Nearly 60mm cash like assets.
Loyal/dedicated and under paid managers (lots of SO though).
Good Neighbors next door. (I bet they can use our "Top Side" Equipment & Infrastructure
to their advantage once things get rolling - MHO).
And....
Is Patience...really a virtue?
westernkid
P.S. Don't you think that maybe China, Xstrata...etc...could afford - .08 Cents? May be 9?