FCC a takeover target?

I have been fluffing around on stockhouse, the Canadian equivalent to HC.

rotten2core posted:

Miners

FCC is going to be a miner.  They are not setting themselves up for a buy-out as a previous poster suggested.  Trent Mell has made this very clear.  USCO President, Wayne Tisdale, on the other hand, was very clear about his company's intent on proving up Iron Creek to the point where they could be taken over.  They've done just that.  It wouldn't make any sense for FCC.  Not with the team they've put in place.  You don't assemble a team of experienced miners just to oversee drilling.  They will aggressively drill Iron Creek and get it on the fast track to production.  They will participate in the Cobalt boom.  Many others (lets call them the "pretenders") will not.  I believe once the dust settles on the merger, FCC SP will be off to the races.  Lots of institutional investors have been waiting to see a clear front-runner emerge from the pack of Cobalt exploration companies.  First Cobalt has become that front-runner.  GLTA

My reply:

Thank you, rottent2core.

I agree with your analysis, that FCC leads the sector and is setting up the preconditions as a stand-alone vertically-intergrated Co producer, foreswearing a sell-out or other short-term advantage.

However, that won't stop a major miner swooping in to take it over - it simply makes it doubly attractive because it proves the concept.

I don't aspire to a takeover and cash-out. I do acknowledge it may happen. Any buyer better have very deep pockets.

Ash