Fabled Silver Gold Corp T.FCO

RE: RE: RE: Millionvestor - On Board

[millionvester]

Not now.

The bottom line is we have been lead into news.  They secured 90 million in financing.  Ask yourself, is there a continuation.

1) They are currently drilling for Rare Earth Minerals.  They have several results already from their drill campaign and are finishing it off shortly and will release all the results at once.

2) The feasilibity study centered in on Cobalt.  It did not include the large reserves of Gold and other precious minerals present.  This is being re-calculated to give a more up to date figure.

3) The Cobalt alone is worth 1 billion.  The current shares outstanding total 50 million.  Hmm... should I get a calculator, or some crayons and draw dollars signs above my head.

4) They will be securing the additional financing any day now.  The permits are in place, the mine is scheduled to be up and running over the next 12-15 months. 

Gee... you guys are right... FCO is definitely going to collapse here... I mean this all just happened overnight right... no wait... it took 10 years to get here.  Stop waiting, and buy now... We'll make a GT3 commercial and throw those Hondas to the scrap yard.

5) Most of the cobalt producers are trading above $8-12.  FCO is at $1.50.

6) FCO is working on further acquisitions.  Their management is very disciplined and focused.  They are against dillution, although we can probably expect some in 2011 from what I've heard, as they will most likely issue more shares to fund further expansion.

Shall I go on? 

This is a "no-brainer"... just like some of the people on this board... they have no brains.  You can't teach monkeys how to invest anyway.