TSXV:FCO.H - Post by User
Post by
reeJoeyon Feb 21, 2019 12:18pm
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Post# 29394633
Sorry to see this
Sorry to see thisI've been in and out of these shares worried about just what is going on now re. the company. I've been out awhile now and celebrate that. It looks like profoundly incompetent management for years and all their no progress happy talk now also has to deal with rock bottom cobalt prices and indication this might get even worse in the first half of this year. Global supply and demand just isn't what it used to be. If they had known what they were doing, they would have been up and running and have profited from the recent high cobalt prices. At least the former CEO got rich! But this is where they are now. All we speculative stock gamblers have been here before and know that selling at a loss is hard. I think they are going under and that "hope" is a bad basis for investing or for staying with a sinking ship. There are thousands of other stocks in which to invest. Just my opinion.