TSXV:FCO.H - Post by User
Comment by
clguon Feb 28, 2014 8:58am
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Post# 22262982
RE:lme
RE:lme
Where do you get the price of $17.50 ? Would like to know because that's news to me.
In any event, why would someone invest money in a project that, at this price, would lose money.
I think the price needs to be well over $22/lb before anyone is interested in putting in over 100 million dollars. The return for a project like this needs to be very decent before a mining company put smoney in. Anyway, I'm off to the PDAC this weekend. I'm pretty sure I can find much better opportunities than this one.