OTCQX:CBLLF - Post by User
Comment by
PeterHHon Jun 12, 2018 2:49pm
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Post# 28161250
RE:RE:Questions about Cobalt 27
RE:RE:Questions about Cobalt 27The stream is compelling but dilution at such a large discount is concerning. Stock was as high as CAD 13.50 in late March..... I wouldn't necessarly be concerned with the dilution if management and/or the board had a lot of skin in the game. They don't appear to..... At CAD 9.75, ouch.
I'm not an owner yet but definitely digging deeper. Could be a huge opportunity but challenging to discount the stream given it won't be in production for years. Anyone have better insight?