breakout .... up 6 per cent today, page-4

I sold vcn a couple days ago after holding for 2 years, probably stupid timing cause the cobalt story might be finally gaining some traction, but the issues I have are:
- isn't it a small resource for an underground mine?
- much is made of the high copper equivalent grade, but isn't including very low grade zinc, nickel, gold and pgm as copper equivalent a little dodgy? I would of though the difficulty seperating and processing would be a real negative
- no production until 2009, they're taking a long time considering it was picked up as an advanced project in 2004
- they make a lot about being in finland, this is one of the richest countries in the world where they would probably have similar problems to Oz of finding skilled people to go down mines

I still agree its undervalued, and great long term, but cant imagine it trading much higher until its really bearing down on becoming a producer

much appreciate your thoughts