From Cobalt, Ontario, 11:45 am EST
In this morning’s subscriber-only report is a list of companies active in the Greater Cobalt Camp with comments on each one – a valuable guide for investors to understand what’s unfolding in the district and who the most important players are. No service has this Cobalt Camp covered more accurately and extensively than the team at BullMarketRun.com, giving subscribers multiple home run opportunities in 2017.
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Jon
So if my math is correct cobal tech at 30 million market cap is almost 5 times more than CSR
So for CSR to reach that valuation they would trade about 1.00-1.25 a share
That’s crazy
How realistic is that to happen?
Comment by GREGH — February 22, 2017 @ 11:06 am
I will throw my two cents in here. reading the comments yesterday about some selling GGI to enter CSR.
I learned many years ago it is dangerous to sell one stock to chase another, especially one that is overbought. Often the stock they bought corrects and the one they sold takes off. Timing is critical, and although CSR is a gem, it is overbought. Instead of adding more to CSR, I am looking for a correction to add lower. As for GGI, I was hoping this last incline on the chart would have let it go higher. Instead, we got a correction on the sell. this does it well as it is still in a bullish formation. It was interesting how it did not cause a panic sell and buyers stepped in quickly at .165 and pushed it back to .185.
Look to add CSR on a correction. It did a double top in the chart and did not break higher today. Lets see where it goes the rest of the week. I would like to see that RSI come to around 50 or 60. This would be a healthy correction.
Keep an eye on CBG.
Comment by dave — February 22, 2017 @ 4:31 pm
The last stock that Hampton did large crosses on was MN at .11 back in December. Keep an eye on this. Chart is very bullish and I am hearing something good for the pdac.
Comment by dave — February 22, 2017 @ 4:34 pm
sorry, last post for CBG
Comment by dave — February 22, 2017 @ 4:34 pm
I had a call from DON… from CUZ.v … my take is that they are going to do some surface sampling to define a grade.. maybe drill a hole to get some excitement then sell the property or JV… reagrdless the benefit will be to the company not us.. so beware the deals… once the money comes into the company it will go out as bonuses etc… it will happen very much like Intertainment and Orstbo and Point.. all the IP is in Yappn .. and INT is shite..
these guys know how to play the system .. so be nimble!! and aware….
Comment by Jeremy — February 22, 2017 @ 4:55 pm
Jon, did Frank Basa besides CSR also talkvabout Granada (GGM) with you? What are you thoughts on GGM for this year? Do you expect a joint venture between them for a mill is possible? Thank you in advance. Regards, Arjan
Comment by Arjan — February 22, 2017 @ 5:59 pm
Jeremy, the same guys behind SIE.V and SRJ.v(same promoters, same management, same website), I personally would be very careful and quick to get out on CUZ.v
Comment by Dennis — February 22, 2017 @ 11:15 pm
I love the hesitation on CUZ, Dennis…I have since the beginning…bullish sign…yes, very heavy on the promotion, we all know that, and my guess is they’ll be able to deliver just enough substance from 1 or more of their properties in this Camp that, combined with the promo and where this whole Cobalt thing is going, the stock will keep pushing to a higher valuation beyond its current $13 million…chart continues to be supportive of that…I’m of the opinion Cobalt is going to $40 a pound, at least…Silver prices are also going higher…imagine where these stocks will be – not sure everyone fully appreciates yet just how intense this Cobalt Rush can become…has dotcom potential written all over it…the masses aren’t even in yet…CUZ is being pushed very hard, just look at the volume…gotta love it…when that happens, in a hot sector and a hot Camp, valuations can become crazy…this is not at the crazy point yet, believe me…
Comment by Jon - BMR — February 22, 2017 @ 11:36 pm
Jon – I respect your opinion. Although on this one I disagree.
Comment by Dennis — February 23, 2017 @ 6:35 am