TSXV:FCO.H - Post by User
Post by
17Diggeron May 01, 2019 4:46pm
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Post# 29697163
FCC purchase of E-cobalt shares has more sense than Jervois'
FCC purchase of E-cobalt shares has more sense than Jervois'Jervois did make make a merger offer to take E-coblat over very cheaply at about 37 cents a share when it is valued much higher by Canacord at 90 cents a share.
This new purchase of millions of shares by FCC at 37 cents shows that they see what a steal E-cobalt would be at 37 cents.
E-cobalt and FCC are a much better merger fit and could pool resources to run two projects in Idaho more efficiently.
Now that kind of merger makes more sense than what JRV has on the table. I own both and I know that they both have great Idaho cobalt properties that could work well together.
This is one more reason to VOTE NO to the cheap Jervois merger offer.
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