Fabled Silver Gold Corp T.FCO

RE:RE:Sorry to see this

[ToadyToadman]

I was going to ride this out but the more I thought about it if there was no offtake at $40 cobalt and the mine reletively close to production this mine is not economically viable. Maybe in another decade if ECS is still around

I see no support is left down the single digit shareprice. The right shoulder on the 3 year chart will show everyone where this stock about to go.

I exited all of my positions except for 1 small holding I'll keep as a bookmark to see if things ever turn around.

All of this capitulation buying today looks like a giant short setup from my experience. Tomorrow looks to be uglier than today.

Full disclosure I took a 70% loss on this ridiculous excuse for a company. Even FT is up 30% this year so some of this is due to cobalt crashing but there is far, far bigger problems with ECS

GLTA of those who remain