Thanks for all comments and opinions. I currently have no holding but am interestingly watching.
Have a small holding in latin resources [LRS] and watching it very closely to buy more.
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Yes have got a small spec BUY order in place
On board @ 17.5c .... bring on the scoping study end of the month .... looking for a swing trade here
Come on buyers take those 19c on offer and give me a $710 3 day profit>>>
Pulled the sell @ 19c ....I have a feeling this scoping study will spike the SP back into the 20's how far will depend on the outcome and market sentiment for cobalt (which staying very Bullish)
Selling two positions COB-ABX to get into ARL which l come across late last night ....Is looking huge and will have to pay overs to get a decent position but the numbers are just crazy when you add in the HUGE Cobalt demand going forward ....
This super-metal is the hottest commodity on the market right now—and it's NOT lithium.
Instead...
It's a metal that early investors are eyeing as a massive opportunity.
Supply is already in deficit – and that's before the anticipated 500 percent increase in demand.
http://www.baystreet.ca/articles.aspx?id=37893
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ARV and HMX have cobalt projects, worth a look. Both looking to fast track into production and ARV owns a processing plant.
Glad I didn't chase ARL now trading back 66c
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