CAZ played a previous strategy last time to time there ann with CLA's monster JORC. CAZ has been tight lipped on the fly over results but the drill results from CLA in the Northern and the new western zone seem to indicate that this entire region is lite up with reasonable grade cobolt.
It's very interesting that about 550,000 shares traded hands in the period from 11:40 to 12:10 last friday which I think we can assume is probably the same buyer.
That's parcel of about 27,000 dollars which in last weeks bear market and US uncertainty should arouse a little bit of suspicion of somebody either drunk or perhaps in the know.
I also find it interesting that this sale occured when CLA has been put in trading halt. Anybody bullish on CLA or now armed with the inside knowledge that the SS will confirm CLA as a viable and definite project could do very nicely taking a reasonable punt on CAZ right now.
If your bullish on the cobolt on a long term play this week could be the entry point to get in.
