Post by
rotten2core on Mar 14, 2018 11:58am
Value creation
Hats off to Wayne Tisdale. Say what you will but the man knows how to create value. He recognized the Cobalt space early, and was able to find and aquire the right land packages. Since the post- consolidation share issuance in Jan 2017 at .20/share, USCO value has increased 800%! The 1.60/share FCC is equivalently paying represents a stunning success story for USCO and its shareholders. We (and USCO management) will be issued First Cobalt (FCC) stock and the story continues. FCC is certainly an extremely exciting opportunity to for shareholders. As far as Cobalt exploration compainies go, there isn't company with as much potential. The quality and quantity of their land assets in Ontario (very close to many EV manufacturing facilities), their Iron Creek project in close proximity to Teslas gigafactory, their $30M in cash - the potential of FCC can't be overstated. Especially considering that given all of the above, they are sti'll valued at less than $400M. The potential growth here is certainly in the multiples. Bravo, Mr. Tisdale. You've done it again!