Interesting activity today. Biggest volume since late November, and the BAR SP is up by 11%.
Whether it holds that gain in the Close his another matter, but this is not what you expect in the Christmas/New Year slumber zone. Maybe someone knows something about the gold at Burbanks? More likely it's speculation about Mt Thirsty and the Cobalt price. Looking at Cobalt charts on the LME, my reading is that Cobalt is set for another leap upwards, very soon.
Some people I respect on this forum are sceptical about Cobalt, but I really do think that 2018 can be a huge year for Barra. Either Cobalt or Gold could put the rocket up this. The optimist in me says that it might even be both - but I will settle for either.
Best wishes to all.
Dave![]()
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