TSXV:FCO.H - Post by User
Post by
farml1234on Feb 20, 2019 6:24pm
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Post# 29390942
Glencore
Glencore
my guess the reason for Glencore cutting production is the price they are getting for there cobalt , i think the press release said something about the sale price of copper but that could just be a cover for the real reason . Cobalt has droppped by about 50 % so why should they produce and make peanuts when they could be making big bucks with less production .
My guess it will not take long for cobalt to blast off again