TSXV:FCO.H - Post by User
Comment by
ufoolmeon Feb 25, 2017 2:54pm
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Post# 25893722
RE:RE:🔥GR8 Discussion About How Hot Cobalt Is Getting🔥
RE:RE:🔥GR8 Discussion About How Hot Cobalt Is Getting🔥Not sure who "they" are, but if "they" say there is no N American cobalt supply at present, "they" are sadly mistaken. Canada is the third largest producer of Cobalt in the world, behind the DRC ||(63000 MT annually) and China (7200 MT annually) Canada products 6300 MT of cobalt annually, mostly as a bi product of nickel mining by Falconbridge and Inco (Sudbury On and Thompson MB) and Voisey's Bay Nfld (Now known as Vale)
As an aside, Inco's Creighton mine in Sudbury Ontario is the 10th deepest mine in the world, and the deepest nickel mine in the world. It was first discovered in 1891 as an open pit mine, but now stretches 2.5 kilometers deep (over 1 and 1/2 miles deep) Back in the 70's, I had the opportunity to go down to the bottom. While there, they turned out the lights. If you ever want to feel what it's like to be totally blind, go down. Totally frightening. You can see absolutely NOTHING.