You have to be following the Cobalt prices, this pretty much is the canary in the coalmine for where the market will go. . . that and watching the truckload of investments the miners and investment houses are making in Cobalt. If they all felt that the price was going to stay at this level or keep going down they wouldnt be making billions of investments in mining and processing (3 processing facilities alone in the Cobalt Camp area)
My take is we will see a slow recovery from around March onwards .. maybe even a little later, but within 2 years or less Cobalt demand will outstrip supply and all these producers will need to be running
MEI Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
