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Poor equity market drags on First Cobalt

First Cobalt is waiting for the equity market to improve so it can raise funds to continue drilling at its Iron Creek cobalt deposit in Idaho, USA, president and CEO Trent Mell told Mining Journal at the 2019 Precious Metals Summit in Beaver Creek, Colorado.

Poor equity market drags on First Cobalt Poor equity market drags on First Cobalt Poor equity market drags on First Cobalt Poor equity market drags on First Cobalt Poor equity market drags on First Cobalt

First Cobalt's refinery in Ontario, Canada

"The capital markets are not there. Cobalt prices have increased 36% since August but our stock price has not moved.