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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

Comment by tresspaseron Feb 03, 2017 5:34pm
208 Views
Post# 25797875

RE:RE:Realistic price and time-frame ...

RE:RE:Realistic price and time-frame ...My previous post was barely legible....

If you historically look at ECS and Formation Metals (and Formation Capital) since 2000, you will see it averaged 2.50 cents after the R/S. Since we are now at .90 cents (about 36% of $2.50), I believe we are very undervalued.  However, what has changed since then? Well, we are selling Cobalt Sulphate instead of Cobalt, which has a $2.00 premium. Further, we are in the midst of an extended Cobalt boom.  I was always told that $2.00 was the target *before* the R/S or a 5x1 return on the .40 cents (before R/S), which would be $14 now. If that held true, you are getting your money back.  Unless something crazy happens like another Great Recession,  $6.00 easily in 12-16 months, and $12 in 2-3 years. The upside would be $20.
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