TSXV:FCO.H - Post by User
Comment by
dgk80on Aug 22, 2005 3:15pm
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Post# 9443718
RE: rio garbage again
RE: rio garbage againpcnisbet lets keep to the facts.Rio posted on the weekend.The board members should review and look foreward to your imput.
Attached posting
SUBJECT: Cheerleading - FCO Style Posted By: riogrande
Post Time: 8/20/2005 16:32
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Cheerleaders,
Whats the matter - nobody going to your new site. As expected, the damage control is going to the deepest core of the cheerleaders.
I am not about being negative - just putting out all the facts. This is something you cheerleaders do not know how to do!!!!! You just pay Nesbutt to put out more garbage and hype and call it the truth. You say all of things I have brought up is not an issue I say it is. We will see.
You say arsenic is not an issue - I say it is. We will see who is right.
As of right now - the permit by the cheerleaders words was suppose to already be here. It is not - it is not even close. If you think there will be no public comment and other issues that will delay this - you are wrong but we will see.
There was suppose to be a decline in June - no decline - no report on when or if it will happen - we will see!!!
The refinery - cheerleader - full production by this summer - bearly at 30% - I predicted a difficult production rise becuase of the glut of refining capacity and the lack of credibility. Who is right? Well I'm certainly not wrong at this point.
The Cobalt price - cheerleaders - is going to $60/lbs. I figured the price would go back to historical levels. It is there and currently stagnant. If we go into any kind of depression with these high oil prices, it will drop even further - even if hybrid cars sell better.
You said access will not be an issue - several diatribes by Nesbutt on why. His words - will be settled with no issues. The saga continues???
I can go on and on. All you guys do is come to the rescue. Look at the stock - look at what is happening. Look at the general picture -diluted stock, no news, poor management, and no movement. This mine will be lucky of it is going by Year 2009 at the rate thay are moving forward. There is a lot of permitting, metallurgy, construction, rehabilitation, legal issues and battles and then production start-up to occur.
It amazes me that you have faith in the permit coming out in 1st quarter 2006, even though FCO has "not met" 1 deadline in the last couple of years. The only thing this managment seems to want to do is bide for more time by drilling out more reserves to add to the 20 years they alreardy have.
As for Uranium - FCO has a minor stake in 2 long term exploration propeties they may or may not amount to anything.
So bash me if you must - but the truth is there if you want to see.
No Don - Go climb back under your rock or go back to your $FCO site which nobady came to and hide.
Rio