GREY:UEXCF - Post by User
Comment by
MegaMAxTZon Mar 07, 2018 12:44pm
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Post# 27676480
RE:Lico - Cobalt news
RE:Lico - Cobalt newsAgree nono1234 - not to kick sand in the face of Lico but if they are getting attention with these results, can you imagine what will happen if the Cobalt values of 2.00 %, 5.00 % and 9.50 % at WB are reconfirmed and expanded in this drilling campaign.
I suspect CoEX will be on the map and getting some serious attention. The other aspect not getting much attention is that other locations beyond the current drilling on this property may also have significant Co deposits.
Cobalt Price per LB will soon be north of $ 40/LB and continue to climb. Uranium prices will soon follow and will pass Cobalt when they are both at about $ 50/LB INMO. Heard Japan is restarting 4 more reactors before May which will bring the total up to 9 operting reactors with more on the way to restarting. All good news.