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Gold/Mining/Energy : FORMATION CAPITAL CORPORATION- $900m in Cobalt finds -- Ignore unavailable to you. Want to Upgrade?


To: donald martin who wrote (60)2/15/1999 10:45:00 AM
From: John Hunt  Read Replies (1) | Respond to of 87
 
World's cobalt market cornered

<< A London commodity trading firm has stolen the march on the world cobalt market.

MRG Cobalt Sales bet against the prevailing trend of falling prices in the highly volatile cobalt market, building its inventories of the metal by quietly soaking up stocks, at the same time securing the right to sell nearly 40 per cent of world supplies. -- cont'd -- >>

smh.com.au

:-))




To: donald martin who wrote (60)8/6/1999 9:59:00 AM
From: Bannick  Read Replies (1) | Respond to of 87
 
Don,

Haven't posted anything on this thread for most of the year. It seems to be quiet these days. The annual report arrived in the mail the other day and made for some interesting reading.

Do you still hold a position in FCO ?

Regards,

Mike Benson