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Bullboard - Stock Discussion Forum Cruz Battery Metals Corp. C.CRUZ

Alternate Symbol(s):  BKTPF

Cruz Battery Metals Corp. is a Canada-based company, which is focused on acquiring and developing battery metals projects in North America. The Company’s projects include The Hector Project, The Solar Lithium Project, The Clayton Valley Lithium Brine Project, Idaho Cobalt Belt Project and The Idaho Star Cobalt Prospect. The Hector Cobalt Project consists of approximately 6,145 acres in the... see more

CSE:CRUZ - Post Discussion

Cruz Battery Metals Corp. > Management is Excited about COBALT
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Post by biggeriron on Jan 25, 2021 8:57pm

Management is Excited about COBALT

On Dec. 22, 2020, the government of Canada and the government of Ontario announced a joint $10-million investment in the First Cobalt Corp. refinery in Cobalt, Ont. Once operational, this refinery will be North America's only producer of cobalt sulphate for the electric vehicle (EV) market. Cruz's Ontario properties are in the direct vicinity to First Cobalt Corp.'s cobalt refinery. According to Adamas Intelligence, during the month of November, 2020, lithium used in newly sold EVs (electric vehicles) jumped 134 per cent year over year, topping 10,000 tonnes for the first time. Deployment of cathode material cobalt doubled, while nickel use was up by 85 per cent compared with the same month in 2019. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the company's properties.

The high volume is due to older shareholders disposing of their investments, once this is over we will start seeing a serious move in the sp.
Comment by Analyzerrrr on Jan 25, 2021 9:31pm
And that move is sooner 
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