TSXV:FCO.H - Post by User
Post by
disosaon Apr 29, 2016 11:16am
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Post# 24825304
i must admit :the only good thing about FCO is
i must admit :the only good thing about FCO is
that they the permits and that maybe cobalt supply is drying up (in 2018 ?)...
they have with RICK a better CEO then the prevoius management and best scenario would be a buy out for 1$-2cad or so....(this is best scenario)....it takes 14 months to built the mine so now is the time to buy FCO if i were a big company looking for aquisition..
worst part is the life time of 12.5 years...(maybe the other zones that aren't explored yet will bring longer lifetime but that is speculation)...fact is life time only 12.5 years for now...