RE:RE:RE:RE:RE:RE:Contrarieon is totally wrong!!Cobalt prices have fallen drastically. The recent uptick in Nickel prices hasn't been enough to compensate for this. This is why the company continues to be a penny stock.
Company needs a miracle to survive. If nickel hits 10$, then yes, this company will more than survive. Contrarion will look like a hero.
If prices stay in current range, the company will go bankrupt sooner rather than later.
That is the premise in buying any garbage highly leveraged commodity company. Buy it and pray the commodity goes higher. It's called gambling, not investing.
Contrarion is a gambler, not an investor.