Fabled Silver Gold Corp T.FCO

Another increase in cobalt use

[schilajew]

An acquantance who is a battery saleman informed me about his sales to power plants and Chinese expectations. The little I know is that batteries are used for power plants in slowing and increasing the turbines etc.He expects due to the decrease in capital spending the past 2 years,a significant rebound and California to be a leader in this area. This means a lot more cobalt to be used in these large batteries. He then informed me that the expanding Chinese economy has a shortage of energy in various areas and a need for batteries in industrial locations from source to users having shortages. What this means is, they to need a heck of a lot of batteries to purchase and manufacture. He then indicated that the Indian economy may need even a significant more,than the Chinese, due to various usage increases,and as he indicated a disjointed energy grid that is a mess. For what it's worth.