Carabella Res Ltd Nsw CBLLF

Price is stromger in the US than in Canada

[gruntov1]

Even with currency variance thrown in. I wonder if this a result of all the marketing that they are doing? It looks like several members of management will be on the road over next 60 days as well. I have mixed feelings about this. I like that they are getting the story out there, but it didn't seem to help much in 2018. The downside is burning up all this $, if they aren't getting a bang for the buck in the bump up of the share price. I think the cobalt price is the problem. Not even the rigged elections in the Congo seemed to do much.

[Lech1988]

Yes the cobal price is really the only thing dictating this stock price.  The Cobalt price has more or less collapsed over the past 6 months and doesn't appear to have any upward catalyst for at least 2-3 years when the deficit will become more apparent.

[BarnFind]

Lech1988 I agree.  The good news is that the current SP is based almost solely on the amount of cash and physical cobalt on hand. What it will take to get market to place value on streams and royalties is beyond me.  Probably will need to wait until Cobalt 27 starts getting revenue in 2021.  Still, I do think this stock, at the current selling price, is pretty safe.  I am