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: donald martin who wrote (54)	1/26/1999 12:32:00 PM
From: Bannick	Read Replies (3) of 87

Don, Nice numbers, and I agree that the market is not valuing the properties in any reasonable manner (at least not on assets). Presumably the price drop yesterday reflects concern that if they brought someone on board to lead the team to the feasability and then to have them resign quickly points to possible problems. I will consider waiting for a $0.15 price to pickup some more shares as well. Keep in touch. Regards, Mike

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