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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

Post by lumpy13on Sep 10, 2019 4:22pm
220 Views
Post# 30114159

Why the stock went up today

Why the stock went up todayBecause many shareholders know the delay in the meeting was because they don't have the votes and there is bigger upside in holding on to the Voisey Bay stream and the physical cobalt.  Being left with Ramu/Nickel 28 has limited upside.

Of course, we get screwed again if the vote is negative and Cobalt 27 remains as Pala receives a $15m termination fee.  

Why Canadian authorties are turning a blind eye to this self serving, abusive deal reflects badly on Canada (sad to say).
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