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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

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Post by moneyman213 on Feb 03, 2017 12:02pm

Cobalt

I think this area is going to be special when it comes to Cobalt as the ore is so rich and has been strew all over for over 100 years.  The town is named Cobalt for a reason and people will learn to know about one of Canada's richest camps all over again.

One thing that really surprises me is not one is even talking about the silver that was left behind.  Mines with 1000's of oz per tonne ran on this ground and were high graded and left.  It would not surprise me at all once this property gets mining that the COBALT will be free once the SILVER credits are used.

Oh ya there is nickle as a by product as well AGNICO was started in Cobalt before anyone knew what to do with COBALT    AG NI CO   (silver, nickle, cobalt)  BOOM!!

MM213
Comment by 10bags on Feb 03, 2017 2:21pm
If cobalt breaks $20 and the political instability in the Congo continues, it's definitely in the realm of possibility that the Cobalt, Ontario, camp will see a significant resurgence. There are so many small past producers in the area. It's a great opportunity for a company to acquire and consolidate these past producers. IMHO, it's only a matter of time for a "Cobalt One" ...more  
Comment by moneyman213 on Feb 03, 2017 2:37pm
Cobalt IS experencing a SURGE already!!  Go look at the companies chasing silver let alone the cobalt. Why would we want anyone to come through and considate when we are here first to do the job?  To my knowledge no one in the area has permits and any sort of equipment. CSK to do the dirty work and reap the majority of all the benefit of all that hard work.  COBALT Ontario is ...more  
Comment by 10bags on Feb 03, 2017 3:32pm
I think we're still in the early stages. Nice that CSK got 8 properties in Quebec but it would've been better to get some more Cobalt properties. I'm just reminded of the Lithium rally last year when Lithium X came along and really ignited things.
Comment by 10bags on Feb 03, 2017 4:21pm
...oops meant it would've been better to get some more Cobalt area properties