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28/02/17
12:15
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Originally posted by sallyd
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BAR and CNJ price drop yesterday was surprising to me given the "Thirsty" activity to come.
Then after close a Guru who we know can influence the market with buy or sell advice comes out with a sell on BAR plus negative comments in general on cobalt stocks.
My question whenever a stock moves either up or down prior to an announcement is why?
In my mind this looks very much like a normal drilling result leak.
Let's face it leaky boats are an unfortuate constant.
I for one have held my cobalt stocks, in fact bought more on the dip.
Just my thoughts, nothing more.
Sally
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"In my mind this looks very much like a normal drilling result leak.
Let's face it leaky boats are an unfortuate constant."
So true Sally. I would say that the Burbank drilling is not what the market is expecting.
All in my opinion off course.
.. Sold all BAR holdings, wait and watch. Holding all CNJ. I think the two will find level playing field at 8.5c.