Post by
bjbear on Feb 01, 2021 10:59pm
SILVER VS. COBALT PROSPECTS
Think twice about buying cobalt stocks like CRUZ. Cobalt prices are a fraction of a few years ago and yet no one was producing cobalt in North America then. Secondly now every battery maufacturer is trying to replace some of the cobalt (20.60/lb) with cheaper nickel (8.05/lb) and this will happen for sure. Only a matter ot time.
I had Ecobalt solutions ECS.TO which was taken over by Jervois Mining of Autralia JRV.AX and lost a lot of my money Their Idaho project still hasn't been built.
Brixton Metals drilling in the same Cobalt town mining area for silver is a better bet than drilling for cobalt there. This area was Canada's greatest silver producer at one time. Bottom line is silver has a much better future than cobalt
Comment by
Wantonfuey on Feb 07, 2021 9:26am
Cobalt from safe jurisdicitons is tough to find--IF people start paying more for safe supply from stable jurisdicions, then cobalt is back. until then, it will be cheap...until Nickel gets expensive...if that can happen with all the new supply coming