Mmmm..this isn't looking good. Should some poor news come then the writing has well and truly been on the wall and we would all look at ourselves and wonder why we rode it all the way down. But the fact is there is massive potential here and we're all holding because we know that. If these results are good (which there's no reason they shouldn't be), then we have one hell of a tight ship. Conversely, some questions need to be asked if we do get negative news.
Is it coincidence that initial cobalt results are delayed or is something else going on? Are we multiplying our land holding in the area because we're so wrapped with what we have that we want to secure everything around us, or are we grabbing what we can because things just aren't stacking up on the original leases?
Time will tell but the problem is, you don't often see this sort of price action for nothing.
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