Currently at the moment there are 2 miners that are more than likely going to meet their maker
ASX NZC
ASX HIG
both have a few things in common
1. Cobalt
2. Developing country risk
3. Chinese corporations
some may say that these companies were manipulated et cetera, but when a prime metal such as Cobalt falls from USD$100k to USD$30k, that exposes you to takeovers by entities with deeper pockets and more risk tolerance. I don't think Blackrock or bots are a serious problem. They may nibble on the margins, but from MYL perseptive a collapse in the USD price of lead or silver during a critical moment such as commissioning, poses a much more extreme and present danger to their survival.
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