Hi BW
Just to clarify - I'm not sceptical about Cobalt myself, but I have friends here who are sceptical about the short to mid term prospects for the Mt T development.
I think the current BAR SP action is mostly related to Cobalt, and I think the Cobalt price is about to make its next big move upward.
I'm hopeful that 2018 will see a sensible deal done by BAR, CNJ and Creasy to get Mt T happening - but like you I also see a strong price for gold, and I think Barra has an excellent prospect of becoming a very successful gold producer.
Either outcome would see the SP multi- bag.
The optimist in me hopes for both.
I have increased my holding while the SP is (in my view) a bargain, even though it meant averaging up on my original buy in (at 1.8 cents - damn I wish I had more funds back then!!)
I think we can all look to 2018 with a lot of (quite rational) excitement.
Cheers
Dave
BAR Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
