PEX 0.00% 11.5¢ peel mining limited

Eschmun, "Most of the cobalt stocks are BS as they’ll never...

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  1. 2,689 Posts.
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    Eschmun,

    "Most of the cobalt stocks are BS as they’ll never extract the low grades on the dismal scales of their current prospects"

    True, most of them are BS. It is actually very hard to find and extract cobalt in large quantities. Lucky PEX is not chasing after cobalt and stick with what they do the best (copper, zinc, lead and gold).

    "Most of the cobalt stocks are BS "

    Do I care? No, as long as I make money (in several folds) and sell out before cobalt stocks crush down to earth. One day chicken will come home to roost. The same as with uranium, coal, iron ore, rare earth, etc. in the past. I made money out of all of those commodities. Macquarie Group in the past even start a managed fund investing in water (Water fund).
 
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