GREY:UEXCF - Post by User
Post by
norontrules1234on Feb 11, 2019 10:41am
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Post# 29346691
COEX - Cobalt - Sell - Split - Drill?
COEX - Cobalt - Sell - Split - Drill?So we keep hearing that the company cannot split COEX because its shareholders will not reap the benefits due to cobalts pullback over the past year. Does anyone else call BS on this?
So i'll play the game for a second.
We can't sell or split the company due to the "horrific" (I don't personally believe this) state of the cobalt market. Right?
So why then have we allocated almost all of our exploration funds to it? Does no one else see the problem with this? I refuse to believe Roger is that dumb so I have no choice but to conclude that we have signficant interest in the property. I also think announcing "shareholder value" ties the hands of current shareholders and lends opportunity for shorts to takeover. This stock will blast off at some point, hopefully soon.