HI Beaver,

Yes, I agree it was vague as to what grade was found, but they did say it was the strongest to date...and that it was out for assay, so maybe what they really found will come out soon enough!

I think you might have a good idea there about selling the 2% for more funds to start up the cobalt mine, instead of investing more money into this uranium project...it might stretch the Ol' FCO budget it little too much in to many directions...

I've been waiting on this cobalt mine for quite awhile now! It was the first commodity play that I got into ( at the pushing of my Alaskan brother who convinced me that FCO was the most overlooked mining company around, and that cobalt was a rare metal that is hard to find in the World, and here it was in Idaho!) 

Well, I have learned awhole lot more about commodities now, after investing almost exclusively in junior mining companies for that last two years....I still have diversification in some good mutual funds and some high tech companies, but lately it been watching commodities which I think will be the future as the BRIC countries mature in their economies, and their population wants just as much as the rest of us shameless consumers!

   Best Regards to you this season of Holidays,

      Long for Cash