CLA - Cobalt related news, page-2303

Yes, prices are fickle. If we all knew all the things all the time on commodity prices, we all would have all sold out of CLA 3 weeks ago and bought FMG wouldn't we? Kudos to you if you did , but I doubt it.

Sure, BB and team completely stuffed the SS last time and should have done better and the market is very wary of CLA right now, but I'm still extremely comfortable to be holding CLA long term and buying more.

The resource size, the projected market growth, and macro economic policies of Europe and USA that are driving EV's are just too strong. Year 5 Economics Supply and Demand: If the Cobalt price goes down, demand will grow. When it goes up, more supply will be sought that will push the price back down. I'm calling $25/lb as the average price for the next couple of years so CLA has to get it out of the ground and sell it for a lot less than that. I believe they will.  

I find the daily drivel over 0.1 cent share movement hilarious, every time it's down, the same posters post the same management is to blame stuff and when it's up the same posters post their $60/lb certainties...............but that's HC I guess.