GREY:GLBCF - Post by User
Comment by
Misbrandton Mar 24, 2017 2:00pm
87 Views
Post# 26027309
RE:RE:RE:GCO ...
RE:RE:RE:GCO ...
Given the knowledge GEMC management has regarding Karakul property and the fact that unlike Tesla, Easpring is probably fine with Cobalt sources from outside N.A. I would definitely love to see them jointly purchase Karakul. GCO could probably be had for $5-10 million (max 10 cents a share buyout). If they actually managed to get the subsurface rights guaranteed it has significant near term production potential. Would be a great springboard for future GEMC/Easpring acquisition and development of NA cobalt properties to then supply Tesla. So much wishful thinking on my part but it isn't that much more a ridiculous chain of events than what has left GCO where it is today (a stellar site held by people who either don't know, don't care or don't have any power to do anything with it)