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yes have heard good things about Cobalt ..... the oil spec for...

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Sharetrader78

6,287 Posts.

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24/07/16

18:34

Post #: 18349888
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Originally posted by cdchi1 ↑

I think cobalt if looking for the next hot sector.

The third limb of the metals used in lithium ion batteries, the other two being lithium and graphite. Stocks involved in these latter two (whether legitmately, or in 99% of cases illegitimately) have had spectacular runs, so imo cobalt logically will do the same at some stage. Cobalt in fact is much more of a problem in sourcing enough supply than lithium will ever be as it rarely occurs in economic concentrations on its own and so supply is often beholden to nickel or copper projects where it may occur as a byproduct...with those metal prices not great, they wont be ramped up anytime soon.

CLQ is the best play in the cobalt sector (even though it has barely made reference to its cobalt yet - stay tuned).

Cdchi1

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yes have heard good things about Cobalt ..... the oil spec for me is more of a rebound ....very unloved sector much like Gold/Silver was 2013-15 ....if not worst ...as we know everything moves in cycles ...still thinking more late 2017....at which stage I'll be selling the last of my MKO for 50-60c

MKO Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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