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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

Banca I.F.I.S Spa > Cobalt One
View:
Post by Goldfather on Aug 02, 2017 11:38am

Cobalt One

CO1 says on their WS they Closed on the
Refinery. All done. And as we know , FC paid
$750k as DP for rights.  More $$ due on Merger
Closing Oct 25. // FC WS still shows timeline
of 8/15/17 as Re-open trade date. 
  Where will FC sp go ?  Stay at .76 ? Drop for few weeks ?
jump on hype/ promo ? Have pissed off shareholders at Halt and
not able to get they're money, sell right away , and dropping sp ?,
 cannacord bringing back to .76 at Merger on Oct 24 ?....... then
what ?   Any comments ?
Comment by newsimon1707 on Aug 02, 2017 5:30pm
It's so hard to call!  I hope they drive fcc once it opens...   but don't forget the new float will eventually be around 150-160 million shares!  I assume we might see some selling pressure unless they drive it hard and fast...   but I think they will be patient and scoop the sellers...  let's hope csk goes back up...  looks like we have strong support!
Comment by 17Digger on Aug 02, 2017 9:55pm
This will make the CSK lawsuit much easier to progress with the elimination of the seller who CO1 is reporting has now been paid off and is out of the picture.   Now it is a question of how long CO1 and FCC can legally hang on to the refinery they overpaid for in their attempt to circumvent the CSK lock in bid agreement in May 2017.  I think they now hold a legally questionable title to ...more  
Comment by newsimon1707 on Aug 02, 2017 11:06pm
Bruce probably lied to us regarding the lawsuit...I think he never intend to go with it...or else it would have been done... CSK never filed any lawsuit! I think he walk ped hand in hand with that guy from BC...and they managed to get csk for peanuts after destroying our share price! Bruce timed the deal announcement when important people working for the company were out of the country... I ...more  
Comment by Goldfather on Aug 03, 2017 9:45am
ASK is .17 now.  Let's see if they hit it. Also got a  call in to find out if FC re Opens aug 15 per updated WS. EV's  getting huge coverage , and Cobalt will ride the wave. 
Comment by Goldfather on Aug 04, 2017 5:36pm
Getting closer to FC's re open. One more full  week.  Unless exchange pushes it back. Lotta volume today  at .16...... anyonehere think FC can 76, or anywhere near ?
Comment by Goldfather on Aug 08, 2017 12:06pm
Today ECS hit $1.39, and CUZ at .21 & over 1 mil shares.  ECS is very encouraging as another  future Cobalt producer, but a year away at least, and FC will be there first. Producing that first nickel in Cobalt will jack the sp, and surely FC as super promoters will be way ahead of the game. Next tuesday FC re opens. Will be very interesting to watch.
Comment by Goldfather on Aug 08, 2017 6:13pm
Holy Cow ! ( I'm doing my ventriloquist act here).... ECS hits 1.43 ! And 1 mil shares. C'mon FC/Csk, let's get this Merger done. 
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