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US Cobalt Inc V.USCO

"US Cobalt Inc is a natural resource corporation engaged in the acquisition, exploration and development of exploration and evaluation assets with its primary focus on the development of the Iron Creek cobalt property in Idaho, USA."


TSXV:USCO - Post by User

Comment by rotten2coreon Jun 20, 2017 9:08pm
137 Views
Post# 26385429

RE:Stock price disconnected with cobalt price

RE:Stock price disconnected with cobalt priceIt's a junior explorer, it's going to have some volatility.  If you like the story, you're going to want to buy and hold for a year or two and see what develops.  They have historical data indicating they have a nice deposit which puts them a couple years ahead of others trying to enter the space.  But they still have to do some leg work to do to prove up a 43-101 resource.  As I've said in the past, I believe a market cap similar ECS.TO current market cap would be in the cards for USCO in the next 1-2 years. I say this because they have very similar property's and potentially very similar resources.  I believe ECS is probably about 1-2 years ahead of USCO.  ECS market cap today is around $160M, which would be over a 5x increase for USCO.  But it isn't neccessarily going to happen over night.  Some patience will be rquired.  And although I really like the story and am excited about what COULD be, it's still quite speculative at this point, so don't go throwing your life savings into it.  GLTA
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