C7A clara resources australia ltd

Cobalt US$60K/ton with, page-2

  1. 322 Posts.
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    It's certainly good that it's there, but pretty disappointed with the fact that it seems like they haven't even tried that much. The previous report stated:

    During the quarter the Company continued a program of field work at Mt Cobalt, including a trial of a Shaw drill at the southern end of the 800m target zone but which was abandoned due to a slow penetration rate and low core recovery. Alternative drills are being evaluated.

    Maybe there will be a more substantial update in regards to Mt Cobalt in the near future, however, I would assume that such update will be reserved for sometime next year. My assumption is that everything will be focused on deliverables for the rest of the year. Hopefully I'm wrong as it would be a nice boost to the stock.

    It's a hot commodity, but ANW doesn't have an army working for them, so one step at a time.

    #trusttheprocess
 
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