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Fabled Silver Gold Corp T.FCO


Primary Symbol: V.FCO.H Alternate Symbol(s):  FBSGF

Fabled Silver Gold Corp. is a Canada-based company. The Company is focused on acquiring, exploring, and operating mineral properties. The Company holds an option interest in the Santa Maria Project located in Mexico. The Company's project includes Santa Maria project.


TSXV:FCO.H - Post by User

Post by materialsgirlon Mar 15, 2018 4:53pm
94 Views
Post# 27723451

Miners negotiating with DRC have a very weak case

Miners negotiating with DRC have a very weak caseThe DRC has no weakness in negotiating.
They control 100% of variables.  Exactly 100%

The companies negotiating are merely putting on a show
for shareholders.

Besides a 10% royalty on cobalt has no significance so long as
cobalt remains above $20 a pound.  I expect cobalt to remain over
$20 for several years so all the DRC noise is all about nothing

The miners there cannot move the ore body as if it were a car
assembly plant.  At $20 a pound, with a 10% royalty, the companies
still make money and they will still expand production.
Production expansion may slow down and be delayed a year or two 
but miners want to mine and they will go back to doing what they want 
to do.
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