OTCQX:CBLLF - Post by User
Comment by
BarnFindon Nov 30, 2018 4:16pm
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Post# 29047445
RE:RE:RE:10% Share Redemption Over 12 Months
RE:RE:RE:10% Share Redemption Over 12 MonthsI agree. It seems that that the comp;any also agrees with your analysis in that they stated that with the stock buy-back at market program. Also if you look at the fundementals there appears to be little risk and a lot of upside. Maybe we are just experiancing sales for tax purposes due to the heavy drop from the prior price on a stock that does not see a lot of trading. And i think you are right to point out that this is not an exploration company stock, although it does does have some of that in its investment in takeoff agreements with companies that are not yet in production. However, it is that same investment via takeoff agreements that are needed by Cobalt 27 to add value, as well as what is needed to get the companies into production. Still it is odd that a 10% buyback over 12 months that starts in a few days is not creating buying activity.