TSXV:FCO.H - Post by User
Comment by
schilajewon Feb 16, 2004 10:41am
533 Views
Post# 7063959
RE: Shiester and AyeDGal
RE: Shiester and AyeDGal What is important is the IRR,Internal rate of return. At 12 dollars a lb cobalt, FCO was a outstanding investment. With the increased value of copper,gold,and cobalt irr increases are phenominal. The silver which should increase significantly adds only profit value beyond irr but will be in the mix,taxes and all. Now your expenses are expenses a goodly number are fixed,the variable expenses have points of marginal increases and assending increases for variuos reasons. Then you worry about taxes etc. I conservativly estimate a billion in taxes for 10 years ,the overall effect. What Scott is doing is building a world class player. there should be a time the stock will go to over 40 dollars a share. This may be sooner than we realize due to currency crises developing,trade restrictions developing, and lets face it the mohammadons are only starting as Saudie Arabia on verge of major crises and Africa a cesspool of issues.