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33,175 Posts.

1405

18/05/16

16:22

Post #: 17803831
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Originally posted by TrendTracker ↑

Bar actually is a gold / cobalt hybrid. It;s receives money via royalties on producing gold assets and is exploring in areas that have already produced gold.

It's recent rise is because they have the worlds 4th largest cobalt deposit ready to go. As you all might be aware the focus has shifted somewhat from lithium to cobalt due to decreasing supply (and ethical mining concerns) and the publicity around increasing demand from electric vehicles.

Doesn't worry me which commodity companies have as long as they are undervalued and continue going up.

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