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Carabella Res Ltd Nsw CBLLF

Metals & Mining Industrial Metals & Minerals
"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

Carabella Res Ltd Nsw > Simple question from a noob
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Comment by SilverKnighton Oct 14, 2019 8:44am
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Post# 30227948

RE:RE:RE:RE:RE:RE:RE:Simple question from a noob

RE:RE:RE:RE:RE:RE:RE:Simple question from a noobWhy is it trading at such a 'discount'? Besides being managed by the same people that just stole the Cobalt 27 assets and unjustly lined their pockets with our money, Nickel 28 is saddled with large project debt. It's flagship asset, and only source of income, just spilled tailings into the sea and is shut down, with the government threatening to close it permanently. Add to that at least a third of the company is owned by pissed off minority shareholders who will sell at the first opportunity, with another good amount of shares owned by arbitrage traders looking to sell after the close. But alas, you focus on the phony valuation those with no credibility tell you it was worth?
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