Post by
thegreatergold on Nov 29, 2017 10:52am
Wow - what is this stock?!!
I bought in this morning based on an article I read last night in the globe and mail and I'm already up $1600 since this morning.
What is this?!?
Comment by
greenviewkid on Nov 29, 2017 12:54pm
KBLT holds somewhere between $150 to $200million in physical cobalt, betting that cobalt prices are going much higher. Cobalt futures up 7% today. see https://www.investing.com/commodities/cobalt
Comment by
Teatimenow on Nov 30, 2017 12:02pm
agreed that its an interesting stock, but the Premium to NAV of physical Cobalt and some very early stage royalties is far too high at 12$. Might be a buyer at 9-9.5/sh if it doesn`t get there i`ll pass on this