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Carabella Res Ltd Nsw CBLLF

"Cobalt 27 Capital Corp is an electric metal investment vehicle offering exposure to metals integral to key technologies of the electric vehicle and battery energy storage markets."


OTCQX:CBLLF - Post by User

Comment by BarnFindon Nov 30, 2018 4:16pm
102 Views
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.   
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