TSXV:FCO.H - Post by User
Post by
millionvesteron Sep 27, 2010 7:55pm
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Post# 17498817
AURAMET AND FCO
AURAMET AND FCOI don't think people realize yet how big this news is. Auramet is huge and the fact that FCO has partnered up with them is great news!!!
Here's a list of Auramet's recent transactions:
https://www.auramet.com/transactions.asp
Considering they are now involved, it is safe to say securing the remainder of financing is beyond speculation and almost assumed as being secured. FCO will solidify their needed 50 million over the coming weeks.
Today's volume reflects that the market really has not taken this news into full play yet. I was surprised at the obvious push by someone to keep the stock under 1.75 today. It seems to me that FCO is now a prime target to be bought out, and this could happen any day.
I am also very excited that they will be publishing their drill results any day as well. I am sure we can see a follow-through on the news before next week. There were several large trades today, people trying to get in before the next big climb.
GLTA
-Millionvester