Originally posted by Startingagain
I won't be hitting the exit door Monday, hold to many shares like a lot of us here to get out.
Really wouldn't like the company to come forward before
Monday with some more info so holders can make decisions based on the information the board has made its decisions on
something wrong if a resource this size has no value and stays in the ground long term
I've decided to view my CLA shareholding as one big 'Call Option' which is currently 'Out of the Money', with the 'Strike Price' being equivalent to the Cobalt price needed to get this baby out of care-and-maintenance and back 'In the Money' again. The big plus here, over and above a normal equity option, is that there's NO 'Expiry Date', which is a big plus. Adopt this approach and there's a strong likelihood of an eventual positive outcome.
Patience is the key here.
