RE:RE:RE:From a yearly low of 8 cents...Silverad0,
I have read your comment on Funding clarification by JM1011. My initilial reaction when you wrote today about First Cobalt "No cash flow. No revenue of any kind. No mineral resouce as FCC is not a mining company..... I should have gotten out a month ago" was to wonder Why did you "get-in" as an investor ? If you were or are looking for a short-term gain, then yes you should have "gotten out" in the low 40's cents range, if short range was your purpose and wait for those $0.30 opportunity on March 4th and $0.29 opportunity on March 5th and invest again !!... though of course "timing" is difficult.
This is not my plan in investing in First Cobalt. My first investment was relatively small at $0.14 and larger at $0.10 and grown to be significant(for me) since, because my familiarity with the mining industry, the supply / demand profile of cobalt, the worldwide current sources of that supply, the the competitive considerations with respect to alternative technology minerals and associated products performance, First Cobalt's strategic plan and management's individual operating track records, the US owned mine at Iron Creek in Idaho, are all significant considerations when personal investments are at stake.
With much respect, I urge you to do the research needed, so that you can make informed decisions and not reflectively regret ...as your prior post seemed to suggest. When you write about "no cash flow", "no revenue", I think that this is, until 2022, reality for your investment in First Cobalt. Urging or hoping for speeding-up of the re-opening and expanding of the procerssing plant start-up, should not be part of your current investment decision-making. There will be a number of significant announcements between now and Octiober 2022, but to me a relative game-changer was the strategic decision to be a purchaser of feed as distinct from a process servicer provider and the two governments(Fed. & Prov.) support and contributions.
Peace,
Good Decision-making to all,
ElJ