Jervois Global Ord Shs V.JRV

Bloomberg News

[learning123456]

Booming demand for batteries powering the world’s shift into electric vehicles is rekindling US cobalt production after a nearly 30-year hiatus.


First US cobalt mining operation to begin after more than 30-year hiatus - MINING.COM

[medford]

Buy on the rumor sell on the news. Insiders were buying it up ahead of this piece in MINING.COM.

[Buyreallow]

There were no rumours to buy on.  It has been news for months that the mine would be commissioned in late Sept.   It's just a few days late.

[medford]

Let me explain Buddy, Mining.com is doing an article telling us nothing we didn't already know. However, word circulates amongst insiders, some believing that when this story breaks JRV will rally. Article comes out and there's more sellers than buyers. Yes this was old news but there is a sucker born every minute. "P T Barnum" Yes I'm long plenty. 

[heiworm392HFFz]

Medford: I think we all get the concept of 'Buy on the Rumor and sell on the news'. We just disagree whether that applies here.  There were no rumors. There were uncontested statements. It was very well published that JRV was fully funded and that no significant delays were expected.  Since everything is known, everything is priced in. The one variable is Cobalt prices, and where