TSXV:FCO.H - Post by User
Comment by
schilajewon Oct 25, 2004 12:21pm
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Post# 8089772
RE: Cobalt and Canadian deal...
RE: Cobalt and Canadian deal... It is my understanding FCO has first rights on Noranda property. Now if the Canadians choose not to ratify the deal with the Chinese,which in my mind foolish as to the markets available for Canadian exports would be hugh. Now then a FCO subsiduary could buy the Noranda property in Idaho and then resell this portion of the business to the Chinese folks. Now they would offer, I expect 10 a share for FCO as this would consolidate the mines and smelting operation and be a vertical busiess that the Chinese folks like.