OTCQX:CBLLF - Post by User
Comment by
BarnFindon Nov 19, 2018 5:19pm
126 Views
Post# 28996844
RE:Why is stock dropping?
RE:Why is stock dropping?I dont understand the SP drop either following such positive news. They clearly received a good settlement on the stolen Cobalt - a price at almost the peak of Cobalt market. The buy-back also should increase SP, not reduce it. The offtake agreement also seems to be very positive, unless shareholders only want to hold Cobalt 27 as 100% invested in physical cobalt. I view the offtake agreements as much more positive toward value as compared to just stock piling cobalt.
I will buy more shares. There may be something I am unaware of - like ususal - but I will still roll the dice aon this stock at this SP.