Maybe they're just too worn out by today's proceedings. A lot of those so-called "spruikers" probably have a lot more skin in the game than you and I. Give them a break, hey?
If you consider me a spruiker, well, I am still here.
And how's this for spruiking?:
I personally think that CLA is not your run-of-the-mill explorer that you bail out of when they drill up a duster, etc. Here is a company that already has a large JORC resource. Granted there are a lot of unknowns and a lot not to like, but you have to put all that has happened up to this point into context. Piece it all together and figure out how we got to this point, then it will be easier to figure where we will go from here.
I'd previously posted a theory about what could be holding back the price of Co. I'd thought that it could've been a "conspiracy" of sorts being carried out by China to "crush" the dreams and hopes of junior explorers/miners. Now, I have to admit that was a pretty far fetched idea. It would require a lot of different parties, each one with a different agenda, working in collusion and in complete secrecy. How likely is that going to succeed?
So I went back and looked at the timeline of events:
1. In January 2018, the US start the US-China trade war by imposing the first tarriffs on Chinese products.
2. In March 2018, after more than a year of non-stop up-trend, Co price hits its peak of $95K /t, then starts showing signs of weakness. Stays static for a couple of months, then...
3. In May 2018, trade war talks collapse, the war continues...
4. End of May 2018, Co price collapses by ~30%
5. In June 2018, US increases tarriffs
6. In July 2018, Co price loses another ~10%
7. September 2018, more tarriffs from the US on China
8. End October/Early November 2018, someone opens another can of whup-@ss on the Co price
9. At almost exactly the same time, early Nov 2018, CLA release their SS... how's that for timing??
10. From that point to now, it has been down-hill all the way for both Co price and CLA SP, until recently of course...
Co price looks to be having a bit of an up-trend. Is it coincidence that at the same time, we can see the light at the end of the tunnel for the US-China trade war? My 1.9c.... keep your eye on the trade war and pray to all that is holy that it gets resolved, because that is our best chance at getting back on track!
GLTAH, good night and sleep well, tomorrow we get back onto the stage of Life!
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