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Bullboard - Stock Discussion Forum Silver Grail Resources Ltd V.SVG

Alternate Symbol(s):  SVGAF

Silver Grail Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia (BC), Canada. The Company, through its subsidiary, Teuton Resources Corp., conducts business and exploration activities in Canada. Its properties in the Skeena Mining Division, British... see more

TSXV:SVG - Post Discussion

Silver Grail Resources Ltd > Could cobalt be next?
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Post by highper on Jan 20, 2021 4:44pm

Could cobalt be next?

With the U.S. in its sights, China moves to restrict rare earths exports. Could cobalt be next?

Business & Technology

New rules from China's Ministry of Industry and Information Technology make clear that Beijing aims to tighten export controls on rare earth metals, a group of minerals essential to manufacturing electronics. Meanwhile, China has been on a cobalt buying binge, particularly from the Democratic Republic of the Congo. 

Comment by ranman on Jan 20, 2021 5:30pm
I've read different things on Cobalt. Might be only the old battery tech that's using it. I'll have to look it up, what's the chance we'll find some before it's no longer in vogue? I picked up  a few more at 18 cents today.
Comment by highper on Jan 20, 2021 8:01pm
I don't see the big boys like kobold exiting the cobalt search. Besides the american-canadian joint inititiative on acquiring North american  strategic minerals is all about having strategically secure sources of metals... The chinese currently control the bulk of the cobalt supply chain and that makes america vulnerable. Only this week the chinese moved to tighten their monoplistic ...more  
Comment by highper on Jan 20, 2021 8:09pm
It is not just cobalt but gold and silver too... who knows whether teutons exhibit will attract some serious bidding for midas konkin and perhaps even fiji and tonga and even gold mountain... It looks as if a major mineral property real estate rush is on in the golden triangle....
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