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Gold/Mining/Energy : Formation Capital (FCO.TSE) Cobalt resource for N.America

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To: Rich Kaiser who started this subject12/18/2000 3:53:24 PM
From: jackolantern69   of 2
 
RICH;

I have had Formation Capital stock since July and it has steadily rising throughout the past 6 months.

Cobalt is a strategic commodity metal which is used in steel alloying, dying, medical pharmaceuticals, aerospace, and plastics bonding.

The US is the world's major user of Cobalt yet we import about 80% of it currently from other countries. With Form Cap's Idaho strike almost ready for mining, this company will enjoy huge, ready benefits since they will be able to sell at a lower price since no tariffs from currently imported cobalt and much lower transportation fees compared to shipped imported cobalt.

This is really a company I feel is going to move in 2001.

Keep me posted and hope others can profit for this US Cobalt mining stock.

jack
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