Tag: Ontario Cobalt Camp
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Here is what First Cobalt (FCC.V) will do with its $30 million war chest
On December 21, 2017, First Cobalt (FCC.V) announced completed financing on a bought deal basis. A “bought deal” indicates that an investment bank or brokerage firm buys the entire offering, intending to sell the shares later to other investors. The under-writing institution is taking a risk. If there are no buyers, a gaggle of in-house…
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First Cobalt (FCC.V) just caught the mother of all tail winds
Imagine you are a diabetic and every day you are forced to walk through a crime invested neighborhood to get the insulin you need to survive. In this neighborhood, people frequently get mugged. But you are not the victim. The victim is your insulin dealer, who happens to be an 8-year-old child. This is the…