TSXV:FCO.H - Post by User
Comment by
Buddy_Foxon Feb 04, 2012 1:02am
358 Views
Post# 19489622
RE: RE: RE: FCO.wt
RE: RE: RE: FCO.wt You know the book value of FCO is greater than $1.50 right?
18 months of production before the warrants expire.
Public warrants expire middle of Sept 2014...that's 2 and a half years to get to $2.10 and you're into profit territory.....
The big thing is the leverage at that point....2.20....double you money......2.30 triple......2.40 quad.......
get the point?