Carabella Res Ltd Nsw CBLLF

RE:RE:RE:RE:Cobalt price

[lumpy13]

BarnFind:  You and I have the same approach.  KBLT should rise nicely when cobalt prices rise (and macro indicators are good).
One of my investment strategies is to find good companies and average down if the price falls.  It's worked nicely for me.  (That being said, KBLT has played the hustle game a bit too much in order to grow their company.  They were so in to doing deals, that they did them when cobalt prices reached their peak.  But, you can't deny their cheap today.)
I'll toss out a couple of names that I think have nice upside.
NCU:  It's underground mine will start later this year in Nevada.  Stock price has dropped as CU fell but project fully funded (and partially with equity at higher share prices.)  An open pit operation will follow.  I see little downside and lots of upside.
GCM:  The cheapest gold producer that I know of:  200k+ oz in 2018 and a market cap of under US$120m.  Trading for less than 2X Ebitda.  Penalized for Colombia country risk and for being an underground operation with relatively little reserves (because, traditionally, have only focused on fill-in drilling to meet near/medium term production.   But, will do step-out drilling in 2019 to build the reserve numbers.  Also had to clean up their balance sheet, cutting debt in half and reducing dramatically potential equity dilution.  Has risen in recent months but still very cheap.
Feel free to ignore my suggestions and welcome criticisms if you don't like them.
(FYI, I recommended GCM and SAND on the TGZ board last Sept. 27 as alternative investments to TGZ.  SAND, which I think has less near term upside, but is probably the best streamer in terms of growth potential, has rised 23%.  GCM has risen 42%, but is price 1/2 that of its peers  In contrast, TGZ has risen less than 7%.)