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I agree, RIE is an indicator that cobalt is still alive and...

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hibikidan333

1,118 Posts.

26/07/17

22:22

Post #: 26100867
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Originally posted by forrestfield ↑

I will trade short term anything which is in the right sector but to hold any of these plays would be pretty hard for me.
Yes, they should do well as most analysts are predicting 100k-110k as cobalt prices. So if cobalt goes as high as the predictions are then all of these will double triple and good ones (I mean with 0.1% plus grades) will multi bag...
I still remember when Nickel was hot few years ago during Bauxite/Nickel ban, a stock went up 700% plus on finding 0.01% nickel... I guess trend is always the best place to make money... was it PIO which made 10 bags recently during lithium boom?
Wonders do happen when something is right place right time...

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I agree, RIE is an indicator that cobalt is still alive and well. Will it go to 10M Market Cap? All of the cobalt players listed so far are 15M+ market cap. Time will tell.

RIE is free to tip. I don't plan to tip it yet because the TA ducks aren't lining up yet.
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