Article link first*
Seems that Glencore & Congo cobalt in general just can’t win at the moment- which is appropriate as why should baddies profit off normal people? ( it will certainly help holders of companies like ARL though & in the long run hopefully the normal folks in the Congo too ).
http://www.swissinfo.ch/eng/annual-...ionists-stage-glencore-demonstration/44091390
@chuck58 cheers & yeah I’ve been getting together some dough to buy them- I’m good for 60,000 so far- always good to remain flexible depending on circumstances so fingers crossed I’ll be able to do all 333,304*
After reading back my own words regarding options that don’t get exercised I remembered that there are two sides to each argument, ( nice to try to sit on the fence but all that guarantees is splinters ), & that the $256~000 that my options will bring us sure won’t hurt moving forward seeing as though we are a debt free ship- a great position for our board to be in when it comes to other companies etc coming to us for a potential Joint Venture or if we wish to chase finance ourselves.
Here we have 100% ownership of more deposits & bigger mineral reserves than our 2 peers, zero debt & management that is here for the long haul- not much more we could ask for, really.
I could have made a whoooooole lot more off them at another moment but oh well- I’d probably have lost sleep wondering if my profit was some other person with greater need’s loss... but the gloves are off now- I’ve done my bit from 27 cents right through to $2.20 since the IPO..... only 15? 16 months ago & will feel justified in making a serious profit off my position when the price is right. ( serious for me* we all have different expectations, after all. ).
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Open | High | Low | Value | Volume |
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1 | 8000 | 0.370 |
1 | 10000 | 0.365 |
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Price($) | Vol. | No. |
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0.400 | 1729 | 1 |
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