Folks, give this guy some credit for trying. He apparently has a historic (namely old) and probably mostly exhausted mining region and wants to pump it up as much as he can.

To his discredit are exaggerated statements like:

1. “The Ring of Fire . . . is too much pie in the sky,” The Ring is no way a pie, it is a real thing with assets at least ten times as much as what he tries to pump up.

2. It is already a decade of years for the Ring, and facing reality, that is typical with mining in Canada these days, particularly of big projects in remote regions.

3. “It’s sad that the government has put all its (mining) eggs in one basket". Pretends he knows what he does not, an outright lie. Actually that basket is empty of substance. What is in that basket is just a hollow ( and conditional) promise from Ontario government to provide a billion dollars worth of funding. While Federal government is fence sitting.

Saying so he wants to divert potential dollars intended for the Ring to his region.

4. Finally, cobalt is no more in demand now then it was ten or even twenty years ago. If anything cobalt for batteries is likely to be less in demand. Other batteries show much promise.
What cobalt price increase is now is due to recovering economies and not due to greater proportion of need. And these prices fluctuate all the time, namely its cyclical.

Not worth our further effort to put his comments in proper place.