This is probably the only reason for the recent share price. But are people selling based purely on the current price of Cobalt (and Nickel) or do they know something we don't?
I'm still very bullish on nickel and cobalt, and while the current spot price frustrates me, no one here has posted any evidence to suggest that these metals wont be in demand in the near future.
For now we just have to continue biting our tongues and grumbling under our breath.
CLQ Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held