Fabled Silver Gold Corp T.FCO

RE:"Cobalt, Tesla's weak link"

[AdekGoski]

Based on this article, both eCobalt and Fortune Minerals have a potential to significantly jump with thier share price this year. We know that the first feasibility study for E-Cobalt will be done in about one month or earlier. It should be positive one and may surprise on the positive side (larger resource than expected). This would give a real boost to the company. Then the CEO reports the good news at the conference in Toronto on May 15-17. This will really attract the attention  of investors. Then the promotional campaign revvs up. Three months later the full feasibility study is due with the off-take agreements - another price jump. By that time they should have no problems securing the financing deal and then is all good for the company. Another article posted here said they might be ready with initial production by the second quarter of 2018 (under the best case scenario). This is significantly faster than the analyst in "Cobalt, Teslas's weak link" reports. This will be the first primary cobalt mine in North America, which is a really big deal. On top of that, the ethical miners like e-Cobalt and Fortune will most likely charge premium for their  ethically "clean" product, not mined using artisanal children like in Congo, and in a polically stable environment..
If Fortune secures the financing deal this year, it should be only up for the stock considering the vast resource (mine life > 20 years) and a huge gold deposit there, as well as the world class bismuth deposit. I do not even mention possible rise of Cobalt price above 50$, I assume 25 $, which probably is a new 'floor" price for that metal. All previous calauclations for e-Cobalt and FT were based on 15-16 $ price for the meatl. Some people say that with a possible civil war this year in Congo (presidentail elections), the price of Co may even spike to 100 $.