TSXV:FCO.H - Post by User
Comment by
paljoeyon Sep 27, 2011 6:31pm
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Post# 19090784
RE: frustration=FCO
RE: frustration=FCOhttps://www.formationmetals.com/s/CobaltNews.asp
Its well worth waiting for and just about on schedule.
Check out their timelines and you will see why.
This is a strategic mine for the US and about the cheapest producer in the world.
Addition of copper and gold credits will make it the cheapest.
Cobalt prices are still strong and should get stronger, as demand increases over the next few years.
By this time next year, production will be fully commissioned.
Upside is well above $3 next year and over $6 in the longer term.