C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Drilling Update - Mt Cobalt & Pembroke, page-1475

  1. 1,979 Posts.
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    Its interesting chart, we know the first two spikes are cobalt hits....with another one underway as we speak, right when the resource sector is look upwards from a massive retrace in sentiment the last 10 months....cobalt looking good with news out of the DRC improving things for aussie co plays.

    Most encouraging is the recent drive from 1.2c to 2.6c...with no real news, just anticipation, we seen the sp trade higher on drilling commencing at pembroke to 1.9-2c.

    Now sitting at 1.7c solid...feels like Granville is too far progressed for delays to have weight in dragging it to 1.2c again, as frustrating as it is, it seems current holders see G2 production as inevitable and 5 different drilling locations across pembroke and Mt Cobalt screams potential.

    Watch for big buys at 1.5 and 1.6....if sellers allow and news holds off.
 
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