TSXV:FCO.H - Post by User
Comment by
schilajewon Jan 19, 2008 10:22am
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Post# 14229601
RE: FCO Property
RE: FCO PropertyI use to work for the Borax company,owned by the Rio group. Take a bet you spoke with Bill Feyeroben,the Rio guy, and if they ever admitted to be interested in a piece of property ,that would be a first.However to put into perspective, the jobs created would be approx. 5 for every 1 the mine creates in the immediate area. There would be an additional 2 jobs created in perifinal areas. IE. a truckdriver 50 miles away and repairing vehicles in general area. This would translate into additional 6 times cash flow. Lots of tax money and help the general Idaho economy. Also,as core ind/mining opportunities show up, core values increase.