TSXV:FCO.H - Post by User
Comment by
jjeeddoo7on Apr 01, 2014 1:07pm
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Post# 22396122
RE:Financing / Current News
RE:Financing / Current News great post sir,
my point is the same on number 1...cobalt needs to be 20 for about break even...some are blind to this simple fact.
number 2
very thoughtful and indepth out look at a possibility...however...Wil Tesla Overpay for Cobalt just to say they are mining in a safe juristiction? Not $7, not $5 no way,,,ain't gonna happen, sorry.
No doubt this is a great deposit with high end cobalt. And thank goodness that Mary Greeny is gone...taking shareholders money for 20 years...crazy that she did for so long...wonder how some sleep at night...beyond her...the deposit is in a mining friendly area...it has all the permits...great for all these issues............but not economical to mine. No money fromm banks.
Stop Dreaming until cobalt is $20 bucks
Have a great day.