CLA 5.00% 1.1¢ celsius resources limited.

freaked out dont worry mate. this will be 15 cents before long...

  1. 1,520 Posts.
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    freaked out dont worry mate. this will be 15 cents before long then 50 after that. just hold your long.. I felt the same with topping up at 8.5 cents last friday. feels good today.

    the anouncement today was very low key but super bullish if you figuire it out.read between the lines. Borg is very understated- in short they are finding viable anounts off the seam too from erosion. thats huge blue sky. Im not even counting that in my estimates.

    They now have 40 tons inferred from 15 kms of seam(50+ holes drilled init) , a few holes drilled in the seam elsewhere have returened more or less with same viable results. The Seam CLA has rights to is 100 kms long so lets reasonably extrapolate 6x longer than 15 km. =6x40 tone =240 tons cobalt just on the seam. (but now they are hiting it off seam probably from erosion over the millennia thats huge)

    240 tons cobalt at say average 5$ a ton cap for insitu cobalt (AUZ has 89 mill tons and capped at 400 mill.(4.5$) CLQ has 109 mill tons and capped at 900 mill (9$). CLA should get to 1.2 billion cap even without the new blue sky story,.....ok call it half that to be conservative =600 mill cap only- 720 million shares fully diluted is 85 cents a share. Market is just beginning to get it. CLA is just beginning to proove it. Long way to go... you'll very soon wish you had more at 10 cents in a few days or certainly a few weeks. take off your short term traders hat put them in the drawre and smile dude.
 
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