RE:RE:RE:RE:RE:RE: CongoCharliesteen:
I think $10-$12 Cobalt will be easy enough to hit if/when Cobalt hits $40+, especially when you account for the Cobalt expansion zones we have. It hit $4.00-$6.00 even without final Financing when Cobalt was $35-$50.
Longer term, we also have Black Pine, Morning Glory, Virgin River, Kernahan/Bell, and El Milagro.
If Uranium becomes in favor again (it was over $100 back in 2007, and at $75 in 2011, now $24), that would add a lot of value.
Of course, if we hit a Bubble, yeah...anything can happen, though it would be unsustainable.
Jmho
https://www.kitco.com/pr/1664/article_07052007173941.pdf
"Three of Four Drill Holes Intersect Significant Uranium Values on Virgin River Property Vancouver, B.C., July 5, 2007 - Formation Capital Corporation (the “Company”, FCO-TSX,) is pleased to announce results of the winter 2007 diamond drill program on its Virgin River uranium Project, as provided to the Company by project operator, Cameco Corporation. Significant uranium mineralization consistent with previously released results was intersected in three of four drill holes completed during the winter 2007 program returning grade thicknesses (GT=%U308 X Interval Thickness) of up to 23.66. The mineralized zone, named the Centennial Zone, now consists of 12 mineralized drill holes. The zone appears to have a very linear trace with apparent minimum"