Banca I.F.I.S Spa BNCIF

RE:The CEO of FCC said on TV they played CSK shareholders!

[Teatimenow]

Lot of things we don`t know in this interview.
Is he speaking FD or Basic, CAn or US $ and so on.

However basically we know the exchange ratio and CSKs price implies FCC once trading again,
is dropping back to 0.55$ which was the price before the market knew about this transformative transaction planned with Cobalt1 and CSK.
then FCC went up under record volume(highest ever) to 0.76 where it was then halted.
I don`t believe that with such high volume it was purely a manipulated rise, but i belive market liked the deals proposed by FCC. For good reason, i mean the transaction makes a lot of sense.
FCC will very likely be the leader in cobalt expl. & development.

So essentially. If you believe FCC wil start again lower than 0.55Can$ per share = sell CSK
If you believe it will resume trading higher than 0.55Can$/share then = hold/buy CSK

as for cash: comined they should have around 10mm Can$ which is a solid footing.
They will be able to raise substancial money, maybe even at a premium.
V.KBLT a completely new company investing in physical cobalt had no problem raising 100mm $, without warrants or large finders fee 

essentially CSK is an in the money option for the New FCC