RE:RE:RE:Blind leading Blind"Long live the messenger?" NO!, not if he/she is delivering a wrong message! The below is a partial answer ... so jjeeddoo7 get out your pencil calculator so you can do some figuring after you look up some facts ... Additional income: Compare the price of Copper from Dec 2006 to todays price. Compare the price of Gold from the same dates. Do the same for the Super high purity Cobalt and Magnesium Sulfate. Then, change the "life" of the Cobalt mine from 10 years to 20 + years (at present scheduled production rates and for the acknowledged extra materials and also income from the "Sunshine Deposit" [remember that only the "Ram Deposit" was included in the original Feasibility Study for the NI 43-101]). For your information (so you can do your own DD before making statements such as saying "it will not work") check out Formations "Feasibility Study" (the DEIS) was completed in Feb 2007 and a "News Release" dated July 31, 2007 contains several items that add credence to mining Cobalt below your stated $20.00 cost number. For instance; 1) "Excellent potential to expand the Ram's proven and probable ore reserves ... as the Ram ore body remains open to the north as well as at depth." 2) "Potential for an additional revenue stream from the recovery of rare earth minerals." 3) "There is good potential to expand the proven and probable ore reserve through continued exportation of the Sunshine and East Sunshine deposits as well as 15 other identified Greenfield areas on the property [2,874 acres] which were not included in 'this ICP' study." 4) There is the potential for an additional revenue stream from the recovery of gold from the flotation concentrate. The gold ... through the subsequent hydrometallurgical testing has been inconclusive and therefore is not part of the revenue stream in this study." #5 A marketing analysis could prove up a market for magnesium sulfate, now a waist stream. #6) Additional revenue streams also may be established by converting present waste streams of Zink residue and nickel hydroxide, at the cobalt refinery, and make saleable these byproducts and thus eliminate the requirement for disposal of these streams now in the current design. #7 While the engineering is being completed the mining methods may be modified and operating costs may be reduced improving the NPV and the IRR and Capital costs may be reduced during the detailed engineering and finalization of the water treatment. #8 Construction (including preproduction) period is only 14 months (plus some - or all - of the long delivery items have already been ordered and received and some of the ground work is well underway [like, collecting of ground water, roads, electrical, etc.] ). #9 This includes the Blackbird Mine Site. She sets right on the side of the ICP. And, she has (probable) more cobalt that the ICP has. But, it is presently tied up as a USA Super Fund Environmental Hazardous Site. A connection to the ICP is that FCO will have the technology and equipment to help "clean up" this hazardous site and they may just be able to process the super high quality/purity cobalt on that side of the "cobalt mountain" along with their own cobalt. This could be a big plus for FCO, The state of Idaho, The Federal Government (and EPA), and most important ... Glencore-Xstrata. (Remember, Glencore has a relationship with FCO and made one small loan to them [with a high % rate of interest] a couple of years ago. And, Xstrata, that's where the three founding "fathers" of FCO came from to set up FCO Corporation in the first place and ... and ... and ...! Lastly, have you ever considered that there just might be an "other side reason" why the funds were never raised to complete this project? Do you think that there is someone{s} out there that just doesn't want this mine to operate - yet? I'm of the opinion that somewhere along the line over the past 15+ years that someone(s), with a lot of "influence" has been influencing what going on with this ICP project. Need I say more? For many reason this influence has kept this project moving, at "their" slow pace. Only when the "right" time comes up will this project come to fruition. And, I think the stars are lined up pretty straight right now for this to come to pass. And that is the real reason (MHO) why no financial institutions have come for with a loan for FCO.