TSXV:FCO.H - Post by User
Post by
materialsgirlon Sep 02, 2017 3:51pm
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Post# 26650918
Bloggers putting far too much emphasis in the price of cobal
Bloggers putting far too much emphasis in the price of cobalWe need to be careful not to allow management to keep touting the price of cobalt for the next several years.
A great price has been established for many months now.
Management has no input into this rise. They cannot be blamed when prices fall nor praised when prices rise.
The task for management now is to quickly;
1 Sell the asset for a good price. $2 or $2.50 with a bidding war . or
2 Raise money efficiently and get cracking on quickly constructing a mine
That is where the focus must be.
mat