Cobalt, battery boom big winner ?, page-13

This is my preferred Cobalt play on grade, location and resource potential but I sold at small profit at 34c.

I feel there will be a Cobalt correction given the quick meteoric rise.

Hard rock Lithium still the king of the Tesla.

I was late into Cobalt.... but Lithiums have simply become too cheap for me to remain in over heated and over priced cobalts.

This has to hold 30c or I could see 22-25c range soon. ARL getting smashed today and COB might see a few weak weeks of consolidation....before drilling.

These are just explorers remember not investment grade yet.

Selling pressure will hit COB especially if 30c breaks and ARL does not get back above 50c and given it rises from below 20c to 69c and back to 44c....

I expect a bit of weakness. I still prefer COB and it has held up well but gravity is gravity.



GG