As a geologist, would you care to explain the geology of Mt...

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specgoldbug

13,113 Posts.

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26/05/16

23:04

Post #: 17879263
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Originally posted by 12973440 ↑

Haha! I caused quite the stir, I'm sorry if that came across as arrogant - unfortunately I can't reveal my identity, for privacy reasons. And yes I was prone to a moment of sarcastic hyperbole on my companies asset base, needless to say it's a large tenement package.

Nothing's guaranteed CandN1986, there's just best guesses. If your seeking ideas on the market place, you need to be 10 steps in front of the market. I believe were 1 step in front atm with BAR. The risks inherent are:

Cobalt supply is not as bad as speculators are making out (since 65% of cobalt come out of Africa)

Lithium's bubble bursts (typically bubbles last 6-18 months, were at 6 currently) and cobalt becomes irrelevant (I believe there fates are tied)

Buyers choose other assets over BAR's

I think you can only ride the speculation, go with your gut, consider what your risk profile is. My gut is telling me this is going to be a good run, probably not as rampant as Lithiums was but still good. I'm backing it heavily.

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As a geologist, would you care to explain the geology of Mt Thirsty and neighbouring tenements, and what geological differences our area has to say PIO's Mt Thirsty South?

And what area's BAR should be looking at for Cobalt potential?

Last edited by specgoldbug: 26/05/16

BAR Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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