N27 0.00% 3.6¢ northern cobalt limited

Ann: Pause in Trading, page-13

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  1. 760 Posts.
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    as I told u, $N27 is going to issue 1.5M shares for this tenement.

    back to jump to other element is line with jumping from cobalt to copper and now vanadium. it nice to remember $N27 issued 600k shares to lithium tenement as well. this behaviour of $N27 shows management doesn't want to build future for long term shareholders. the only thing for them has value is making PAC happy as well as hiring themselves for longer periods.

    it looks also PAC geologist in $N27, who paid by $N27 couldn't be useful for choosing right element and tenements for mining. IMO, PAC gave up and shifted this issue to Paterson to find right element, which can pump SP to offload their shares along with minimum damage to their shares during next CR.

    don't forget PAC has same arrangement with Paterson on Vanadium in $TMT and I think $N27 will follow the same way.

    currently bell potter dumped own shares to Paterson based on broker data and ready for pump in coming months.
 
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