Global Cobalt Corp GLBCF

Unbelievable

[rocket500]

$19.28 today - that's up a buck from yesterday or day before I think. We gotta get going here!

[Winwarrior]

And Cruz was up to .26 with 9 million traded and we have stock in two companies that are not trading. It is painful . . . very painful

[DRYOASIS]

Let's hope the Russians are dragging their feet in anticipation of higher cobalt prices so they can get top dollar for Karakul, if I was in their boots that's what I would do.

[Winwarrior]

The question is which Russians . . . I hope our Russians and not the others Russians trying to get more from us

[DRYOASIS]

The deal with Easpring/BGRIMM was still viable back in March 2015 and we were never told any different so I assume it is still in place. With cobalt prices rising I would think other companies are also looking at Karakul so maybe they're waiting for the best deal, if you were sitting on a multi billion dollar project that keeps increasing in value, wouldn't you wait for the best offer

[Winwarrior]

Thanks Dry

[rocket500]

@19.28 the deposit is worth $3.2B CDN I admire the positivity from Dry and Dirt, et al but my confidence in this stock was shattered long ago. The standstill agreement was announced in Nov 2014 - two and half years ago and still not resolved. That is a long time for us to be waiting with "no news". I just wish the company would throw us a bone - let us know what the hell is going on

[DRYOASIS]

There was never any motivation to get things resolved as the market was flooded with cheap cobalt. 2013,14 and 15 were terrible years for Easpring. Now with the EV market really taking off, the price of cobalt is on the rise and stockpiles are dropping so there should be real motivation to get things resolved. IMHL must see $$$$$$$$$$$$$$$.

[rocket500]

Hope Peter Reynolds takes over soon - maybe he can get this moving again.

[Winwarrior]

Agreed, I understand that things currently are at a stand still. Not sure if anyone is actively working on this file. I might be wrong with this but it would seem leaders in these run / ran publicly traded companies have tended to be suspended more than they traded. Perhaps private non-traded companies are more their forte :). Two companies and neither yet trades. Garbage

[DRYOASIS]

Keep your eyes on cobalt prices, that's what really matters ... personally I hope they don't sign any deals until cobalt reach $40 lbs.

[Winwarrior]

Dry, are you thinking of GEM, of GCO or both with this comment. I am  good with $40 as well. I would also like to see some activity on the GCO side to ensure our claim is being protected and that as prices rise we do not see ourselves squeezed out.

[DRYOASIS]

I was talking GCO, some analyst are calling for cobalt prices to climb back up to $50/lb so if that comes true, it is worth the wait, now are we going to benefit from that, your guess is as good as mine.

[rocket500]

Exactly Win - remember this one from August:  "Over the next few months, the board will be working to provide certainty around the Karakul cobalt project in Altai, Russia, and further develop the corporate strategy." - and then they disappear. Meanwhile, the guy in the hospital thinks the others are doing the work, and the others think the guy in the hospital's doing the work.

[Winwarrior]

Rocket . . .  truer words have never been written. 

[thinkwithme]

I really don't beleive you'll have to worry about that, my friend. The likelyhood of any deal(s) every being signed on either side of this name is bordering on non existent.