RE:Typical patternPosted this 2 wks ago and came true. Current price may be at bottom for this ratchet down. Dead cat bounce to 27 or 28 cad then down to teens...don't know if it bounces back from there. Momentum technicals are bad and real news also bad. Trade don't hold this.
Key message in release is no offtake contract for ico cobalt concentrate and Brazil is over a year out, 2 based on ico build schedule bust. No plan communicated for most of the value of ico mining for the next year.
They do have a pile of money to burn thanks to the dilutive raise so the ponzi can run at least another year.