Re: Good entry pointTotally agree, the upside potential for the FT is huge. Anonymous may still be working this stock but it will stop. The increasing Co price will take the stock with it for good or when the financing is announced.
The numbers do not lie. It seems to me the current fair share price is at ca. Cdn $ 1.6. Why ?
The analyst's report from the "Fundamental Research Corp" (British Columbia) published on October 12, 2016 gave then a fair price estimate at Cdn $ 0.85.
Assumptions in the report:
Co price at $ US 16/lb (now over $ 24 and going up with no end in sight), gold price ca. US $ 1300/oz (currently lower, but more then compensated for with the exchange rate). Back then the exchange rate Cdn $:US $ was taken as 1.1, now it is ca. 0.75. It seems the pricing during the offtake of the cobalt is based on US $, and from the tables in the report I can see we are currently at Cdn $ 1.6 per share.
This is not a stock for flipping in a month or so, or riding up and down like short selles do. Hold it for 2-4 years, then check what you've got in your bank account.