Ann: Trading Halt-CNJ.AX, page-28

The more I think about my previous comment the more ridiculous I think it is. I think it was Desktop that provided some pretty good information that really put things in perspective to me. They referenced the value of the other companies that are being managed under the same umbrella as CNJ and it doesn't make sense to try to milk a company that is worth nothing comparatively.

To me it clearly looks like they know they have a good ore deposit, and they are just sitting on it until the day that cobalt becomes valuable enough for them to confidently build a mine without a bubble popping before the resource is mineable.

Everyone can get all pissy because they have lost money, but CNJ has shown pretty clearly what their game plan is. So you can either believe long term that a long term cobalt bubble is coming and invest, or if you don't believe its coming don't invest.