TSXV:FCO.H - Post by User
Comment by
thecatherderon Aug 16, 2018 12:14pm
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Post# 28472509
RE:RE:RE:how come the ask at .58 not disappearing
RE:RE:RE:how come the ask at .58 not disappearingOnly company management knows the data and negotiation trails that could lead to the down and dirty players (of which there are plenty in this financial world) so company management could request an investigation by IIROC. Why not? You are generally correct about regulators but reviewing past buyers/sellers over a week or so isn't so difficult, IMO.
Anyway, ECS's senior management needs to decide to make the investigation request and they, so far, are moving in slow motion. That being said, the prior operations leaders in the Green era pretty much ignored the cobalt market/competition/pricing and moved full speed ahead to spend all the money they could raise as fast as possilbe (didn't work out so well for us shareholders).
The Cat Herder