Global Cobalt Corp GLBCF

IMHL/IP/ARM best news all year

[Dirt2Oil13]

The loan in question was an Intrest free loan made to ARM .IMHL was suppose to pay ARM dept to IP. Rubal and oil both tanked.It appears IP and IMHL will meet with arbitrator to complete settlement with maybe money and share in project or give them more time in the form of extension.Both are good and  the fact  they are communicating with GCO as well is nice and encouraging.This has been the biggest block in GCO path forward since 2013 and to see it close to being moved out of the way is great.I said once before no one looses a billion dollar project over $11,500,000 dept and now hopefully all parties will continue to play nice and strive to find common ground to move forward.This being setteled will help both IMHL and GCO with obtaining future  financing needed to move forward.Looks like Turkey and dressing for Thanksgiving instead of bread and water.Do you own DD. Dirt2Oil13

[DRYOASIS]

Yes Dirt your right, it is a small step forward but I don't see any investors buying this stock until all these court cases are settled and the projects are actually moving forward with financing in place which could take months if it happens at all. No one is impressed with this news, the share price speaks for itself ...

[Dirt2Oil13]

Was not aware you spoke  for everyone and who is to say refinancing has not been pursued for months  like it has and this was the stumbling block in the way for move forward.For both financing and completion of the spin off company.If no one was interested in company someone would not have scopped up 400,000 shares today for .03 .Sorry you are depressed and completion dates have been

[DRYOASIS]

From the press release " the two parties have agreed to continue their discussion to reach a settlement ... " well I did not know that Invest Project LLC and IMHL were not even talking, I thought they were working on a deal all this time ..... like I said, this is far from a done deal and real money will only come into this stock once the project is de-risked. Right now we are very far

[sharpness]

what's another 12 months?! We are all used to waiting anyways. Better be worth the wait

[DRYOASIS]

Like I said before and I will say again, nothing positive will happen to this stock until big money moves in ..... and now that everything is in order, all we have to do is wait for the Russians to make a deal with the Chinese ............................................

[Misbrandt]

this is REALLY good news. Basically from tje prospectus re:spin out it appeared to me that GEM was basically giving shares and money to get away from karakul issues because as of Sep 30th, with no payment, IP had the right to take all mining rights away from IMHL/GCO. My thoughts were that either IMHL eould use the money and shares acquired from GEM at the time of spin out to finance the purchase

[DRYOASIS]

We know Easpring has a 100% offtake agreement in place with GCO and they might be part of future financing. We also know that BGRIMM has been working on a feasibility study (Karakul)for the past 2 years. I'm sure the Russians understands what is at stakes here and all parties involved are working as fast as they can to get things in order. Take note that this time the extension is only for 10