Post by
Royal10 on Dec 12, 2018 10:24am
KBLT: tax-loss candidate!
In my own view, KBLT has been beaten down without any good reason. This company has great potential and will begin paying dividend soon after beginning to receive cash-flow from RAMU Mine. An insider bought 700,000 shares on Nov. 8th at $6.60 and the co has announced an issuer bid to buy 10% of its shares on the market. So KBLT is the best tax-loss candidate to buy before year-end to benefit of a strong upside move in 2019. Brokers have a target of $13.00 in the next 12 months.
Comment by
AlohaSteve on Dec 12, 2018 5:38pm
Agree this has come down hard. The Ramu transaction is held up and there appears to be potential environmental issues at the mine that are being investigated. Hopefully they only proceed once that is resolved or they decide to pass on that one and buy back shares. The Voisey stream should pay off in the long term. Would be nice to see cobalt up in the new year. GLTA
Comment by
Handymanny on Dec 28, 2018 4:41am
Where are you seeing or hearing of these environmental issues?