OTCQX:CBLLF - Post by User
Comment by
NestStepon Dec 13, 2018 12:50pm
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Post# 29110724
RE:Should be under $3.00 within 2 weeks
RE:Should be under $3.00 within 2 weeksyes i am certain, that VALE would do buiseness with a scam and those who financed the 300mmUS$ aquisition did not do any DD.
If this is a scam this would be a BreX type scandal.
However such undervalations occur, market is not rational.
Pull up a 5yrs chart of Streaming Co RGLD (Royal Gold)
Was there any fundamental reason that it dropped from 80 to 25 bucks?
KBLT is buyable today at the NPV of VB Stream alone with Cobalt at 15$/Lb (so 50% downside from here) + Cash
One year from now there will be about 76mm shares OS - 76*3,9=296CAN$ million.