RE:What has FCC been thinking ??? Change of mind on Idaho ?I never could figure out why FCC would go all in for USCO in the Idaho Cobelt belt at around 0,4% grade when they have a fully permitted Mill(still needs upgrades approx $80million) in the Ontario Cobalt region and a Lico land package in close proximity to the mill with grades possibly over 1%.
ECS the only fully permitted mine in North America actually in the Idaho Cobalt belt did not make a play for USCO which would make sense. Even more mind boggling they hired a Mill Manager but have no mill???. To be fair they say they are eventually going to build one, but when.
As for Lico, they added another director with a strong financial background leaving no one wth mining experience on the board of directors.
So either they are working towards a buyout or starting an accounting firm.
Hopefully something big is brewing with these Juniors or maybe they are all just playing checkers with each other.
Like I said yesterday, with all the cr*p that is going on in the Cobalt Space, at some point in time something has to happen with these Juniors in safe Juristictions.
LIC- Great Land Package with extreme high grades, but no permits, Mine or Mill
FCC- Fully permitted Mill, but No Mine.
ECS- Fully permitted Mine but, No Mill.
Some major who is serious should just take out all 3 of these Jr's in one swoop.