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Global Cobalt Corp GLBCF

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.


GREY:GLBCF - Post by User

Bullboard Posts
Post by Stars-Alignedon Sep 22, 2014 9:04pm
225 Views
Post# 22960611

Trying to make sense of this

Trying to make sense of this
An NR should be coming soon and its expected to include a project assessment for Chinese markets (GCO has met all timelines and this is an unavoidable fact)
In a July 22 interview see link
Sargeant states that acquiring funding has been an on going effort.
Next with GCO site back up, there is a WSJ article stating that BMW is aiming at Chinese consumers for high end electric cars.
GCO also acknowledges that cobalt will be needed for power storage when using solar panels.
Cobalt is currently at $15.20, which is a high for 2014
Themillion seems to be most correct, it is clear that today was a disastrous day for all markets stated on many news channels and in articles.
But also prices drop as a PP is carried out

Another possibility is Manipulators and I don't know how much they have to sell, but heres the best advice I can give to retail:
Either Sell tomorrow, or be okay with a drop to .04 IF it happens, because if you decide to sell once it hits .04 then you are feeding the monster, however if no shares come up for sale after the manipulator sells trying to bring down the price they will not get anything and the SP will rise back up on news quickly, but at this point we may only hit .1 before a sell off
At .04 we may hit .08 on news and so on.
Also just don't buy anything either, set a limit buy for .01-.04 for the maximum time allowed.
We've all taken a big hit and the really really longs have lost most of their money at this point.
FEAR MONGERING is a very effective way to make money.
Bullboard Posts