Have sat back and quietly watched on as many have had their say on here as to why the SP has plummeted of late...
IMO looking at CLQ and it's fundamentals and picking holes in the DFS, the margins etc etc aren't the main story here...don't try and overcomplicate and look for something simply to justify the current SP.
Fact is the sentiment and/or fundamentals around COBALT and the future of it are the story here.
CLQ, ARL, AUZ, FCC, COB, NWC, GME just to name a few...check their charts.
Did they all just release DFS' with similar numbers to CLQ???
This is a macro issue for most cobalt stocks...IMO next to nothing in isolation around the fundamentals of CLQ.
They (the half decent ones) went nuts for a while, now sentiment has turned for the worse...
All IMO, please DYOR!
CLQ Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
