Global Cobalt Corp GLBCF

RE:RE:What classifies as Good Results in NR?

[rhodiumd]

ABirdsEyeView - I think 0.30% would be EXCEPTIONAL. From what I have seen, anything over 0.1% Co is considered "commercially viable", and anything around 0.25% is considered extremelly good.

The best source of Cobalt in the world seems to be the Congo, with grades between 0.1% and  0.4%.

Source: https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CC8QFjAB&url=http%3A%2F%2Fwww.bgs.ac.uk%2Fdownloads%2Fstart.cfm%3Fid%3D1400&ei=06mgUv6JO4ikiQK3uYGABA&usg=AFQjCNEGq5XBPf1Zn0zSwUBvRYjggOylGA&bvm=bv.57155469,d.cGE

Historic results from the Karakul projects were around 0.26% (if I am not mistaken.)

Assuming that Soviet numbers were accurate, it is safe to assume that we will have very good grades (most likely over 0.2%).

It is my opinion that this is one of the most de-risked play on the venture. Just my opinion.

GLTA

Rh