GREY:GLBCF - Post by User
Comment by
Mark101on Mar 04, 2014 12:34pm
131 Views
Post# 22278294
RE:I'm all for GCO, but remember FCO is Closer to GigaFactory
RE:I'm all for GCO, but remember FCO is Closer to GigaFactoryYou may be right because FCO is more advanced and the market is not giving much attention to Global Cobalt at the moment, (when we finally have drill results that might change) FCO is closer but who will extract the mineral cheaper is the question, American wages vs Russian wages, method of exraction, distance to processing plant, ect ... and the mineral still has to be shipped to China to be processed ... but I agree with you that FCO is closer to production than GCO. The whole cobalt market will benefit from this Gigafactory. There could be many JV with many mining companies created as a result of this Megafactory anouncement ... but i still like GCO best.
GLTA !!