Resistance @ 47c, page-12

Brand new holder of N 27 but having followed it for months. Adding it to my portfolio of Cobalts companies. Very few comments on HC about N 27: Understand it is newly listed but in my opinion there isa need to summarise what is happening to this company and highlight its key points/strength twice a month for potential investors. Not everyone has the time to read all announcements.
Is there any LT holder since IPO time here on HC ? Username ( hum I recognise you from OGX !), Mammoth21 ?
What compelled me to buy N 27:
-Really high grade Cobalt for Australia
-Cobalt is the main metal and Sulphide type
-JORC 2012 (small as this early stage but mineralisation open to Nwest and S-SEast)
- Good Mgmt (Chairman ex BHP Marcketing director, MD 20 y experience in mineral exploration.)
-Mineralisation from Surface to 90m + Flat lying sediment hosted mineralisation =Open pit operations reducing CAPEX and Opex.
-Feb. Acquisition of Aruntha Lithium Tenements: Lithium (Pegmatite) + Rare Earth (7% LA- 12%CE in roch chip) & Cobalt, East of Alice Springs, around 400km2 = Cobalt + Lithium + Rare Earth !!
-Purchase of pXRF for coming exploration season: this is an amazing piece of equipment ( from fellow australian IMDEX) as it give results in realtime. Imagine the time( = money) saved.
-Tightly held , 40 M shares
and more
Investors should have a look at a write up by Far East Capital on Nov 4th 2017 ( in a nutshell it mentions that previous owner CRA calculated 4-5Million Tons at 0.3% Co. Can't be used officially by N 27 bcose no JORC) .
A lot is about to happen to this company very soon which should be a catalyst for a higher SP:
Mammoth 21 sums it well :
WOLLOGORANG PROJECT
-New resource calculation • Due to be completed late March 2018 based on Co prices less than 50% the current spot prices.
-Diamond Core Assay • Due to be received late March 2018
-Metallurgical Test Work • Due to be completed mid June 2018 •
-Scoping Study • Due to be received late June 2018 •
-New Exploration Method: • Use Toyota air core rig for initial shallow drill testing to 40m Get results immediately with pXRF •
- Define extent of new mineralisation with Aim to commence mid April, weather permitting.
Feel free to amend/correct and repost. This is a "team effort" to help/inform new or potential investors in N 27.
Northern Cobalt is going to have a very busy year.