TSXV:FCO.H - Post by User
Post by
17Diggeron Dec 31, 2017 12:56pm
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Post# 27254595
2017 in review - price
2017 in review - priceWe are ending 2017 with a London Cash Cobalt price at its year high of US $75,500 per metric tonne.
We began 2017 back in January at $33,125.
That is a trend that is strong and will continue for the foreseeable future.
Predictions are for cobalt prices to jump another 30% or more but more important than that figure is the rising direction of this move that counts for us investors.
As long as cobalt sits or rises ECS will have a bright future for its assets.
Some investors have been with Formaiton Capital and its successor company ECS a long time.
You long term investors deserve to reap these rewards after what we put up with in the first 10 or so years.
Your patience is now being rewarded and I believe the rewards are just starting to come for investors with strong hands. Enjoy the ride.
... And for those who said they were getting out at $2 this is your stop.
I will continue to hold on to my shares to a much higher destination.
Have a happy and prosperous 2018.
xxxx