`FinFeed article - Cobalt find, page-85

I'm all for negative opinions on a stock but this one is pretty baseless. They don't just have $4m cash in the bank, they have receivables and a loan to Bolt resources totaling nearly $3m. They could also receive cash from option conversion. Their forecast cash burn is $450k, last quarter they spent $529k. In other words their current operations are covered for more than 3 years.

All that said, and as I stated the other day on that run up to 0.305, I do think that gap will fill. The volume for that whole day was high but the actual run up to the high was on only about 600k of volume, it wasn't convincing at all and looked purely orchestrated for someone to unload some of their position at higher prices. I only hold a small parcel now but will load up if it fills.