FORMATION CAPITAL CORPORATION- $900m in Cobalt finds Message Board

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Gold/Mining/Energy : FORMATION CAPITAL CORPORATION- $900m in Cobalt finds

FCO 9.420

+0.1%

Aug 6 5:00 PM EST

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To: Jordan Electron who wrote (39)	7/23/1998 10:26:00 AM
From: timester	Read Replies (1) of 87

Hi Jordan: Formations proven reserves are lower, but many of the factors seems similar. Low production costs and the fact that cobalt has been targeted as a metal which reserves are dwindling. As far as financing I guess we have to await the mine plan.

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