OTCQX:CBLLF - Post by User
Comment by
lumpy13on Jun 28, 2018 3:02pm
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Post# 28246753
RE:RE:RE:RE:RE:RE:RE:Questions about Cobalt 27
RE:RE:RE:RE:RE:RE:RE:Questions about Cobalt 27What's strange is that Wheaton took a larger share of the cobalt stream and the market reaction hasn't been as negative. Can understand the share price dropping to C$9.75 but not sure what's going on behind the scene to make it drop lower. If problems by the underwriters in unloading shares, would assume this will be more of a short term issue as the long term price outlook for cobalt still seems positive. That being said, it is frustrating that the company keeps diluting shareholders to grow their business and that could be a reason people are dumping shares.