Fabled Silver Gold Corp T.FCO

Specialty Metals – Chronicle of a Crisis Foretold

[notmuchmore]

"Specialty Metals Chronicle of a Crisis Foretold----This is well-trodden, and much-written, territory for us and our jeremiads should start to bear fruit as massive underinvestment in key metals such as tin, antimony, tungsten and cobalt start to impact. Except for a few primary Cobalt mines that might catch a tailwind from offtakers in the battery space the rest of the supply picture is made up by the strict by-product ratios that join this metal at the hip with the nickel and copper mining of the very largest players. The dependence of the metal on copper mines in the DRC and Zambia for its by-product status is a long term sleeper benefit with the old story of what can go wrong, will go wrong being apt. A sloppy nickel price projection plays into the hands of Cobalt as it means it is unlikely Vale or Sherritt will go wild with their production volumes and thus over-produce cobalt." - See more at: https://investorintel.com/technology-metals-intel/pinning-tail-mining-price/#sthash.PGFklWMD.dpuf