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Fabled Silver Gold Corp T.FCO


Primary Symbol: V.FCO.H Alternate Symbol(s):  FBSGF

Fabled Silver Gold Corp. is a Canada-based company. The Company is focused on identifying new opportunities.


TSXV:FCO.H - Post by User

Post by notmuchmoreon May 23, 2016 10:03am
886 Views
Post# 24897266

Selecting The Best Lithium, Cobalt And Graphite Miners

Selecting The Best Lithium, Cobalt And Graphite MinersThis only leaves investors with the cobalt juniors - Formation Metals Inc (OTCQB:FMETF) (TSX:FCO), Fortune Minerals (OTCQX:FTMDF) (TSX:FT), Broken Hill Prospecting (NYSE:BPL), and Barra Resources Ltd (ASX:BAR). I will exclude Fortune Minerals for now, as their project is remote and requires proper road access, then financing, before it can go ahead. You can read more about the cobalt miners here. The winner is - Formation Metals, Broken Hill Prospecting, Barra Resources Given this less than ideal situation I would split my investment equally amongst the three with smaller dollar investments in each, as none are producers yet. I like Formation Metals because of it's strong cobalt reserves, it's US location in Idaho, and the project is not far from production stage with most of the infrastructure in place. I like BPL for their large cobalt reserves, and their low market cap. Barra Resources also has strong cobalt reserves, as well as nickel, and a low market cap, and is currently making profits. Formation Metals (NYSEMKT:FCO) has risen 113% in the past year, currently has no PE, and a market cap of CAD 30m. FCO stock price is currently CAD 0.33. Broken Hill Prospecting has risen 41% in the past year, currently has no PE, and a market cap of AUD 11.9m. BPL stock price is currently AUD 0.093. Barra Resources (BAR) has risen 633% in the past year, currently has a PE of 194, and a market cap of AUD 25.4m. BAR stock price is currently AUD 0.066. NB: Investors should invest smaller amounts in each, as they are still juniors, so high risk and high reward.----https://seekingalpha.com/article/3976986-lithium-ion-battery-trifecta-selecting-best-lithium-cobalt-graphite-miners
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