TSXV:FCO.H - Post by User
Comment by
schilajewon Dec 11, 2010 12:08pm
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Post# 17833621
RE: RE: SP Pop
RE: RE: SP PopI'll try to be concise about 15 years of discussions. 1st the grade of cobalt is more pure,added value. The area so far reported is not the high mineralization,20 plus years for mining. 5 pea pockets of rare earth minerals known,more expected . The gold is an anomoly ,for the large amount. Most of this is in the original gov report with out the help of advanced geological indicators from 50 years ago. The silver is a play not just yet. Phil wanted to do it on his own with help from an investment house in Toronto. The uranium,well I believe there are 58 nuclear plant being built or planned,which now take 7 years or less to build. This alone needs cobalt for cooling towers etc.I'm trying to be conservative but would at least increase value 30%.