TSXV:FCO.H - Post by User
Post by
Bestbuilton Jun 17, 2019 8:23pm
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Post# 29833804
Accept the Reality
Accept the RealityI've probably much less at stake than most others here, but time to face the hard truth folks. This mine is going nowhere until cobalt prices go back up dramatically. Doesn't matter if the Jervois deal goes through or not. If it does, New Jervois will sit on it as an "asset" like a capped well for the next merger or sale. If the deal doesn't happen, it is the same story, just different idiots in charge of it. Only difference is if we pay that crook (a.k.a. Lurch) Callahan through New Jervois or through eCobalt. He is getting his fat cut no matter what. Use it a tax loss, or wait it out for another two years. Either way, it is unlikely many of us will see our investment back, certainly not in the near future anyway. Hope I'm wrong, but we have seen this play out the same way many times before. Have a great day!