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Message: Re: re cobalt, lithium

Oct 19, 2009 12:43PM

Oct 19, 2009 01:01PM

Oct 19, 2009 01:37PM

That's abit of a loaded question. Depends on what type of financing it gets, how dilutive etc. So downside risk could to.10 if market is unhappy. Upside, needs to get above .40-42 and remain there....then next res. to overcome is mid .70's...eventually the call by one analyst was a 1.20 and I guess from there depends on how long you hold the play. Myself, I will most likely trade.Which way will it go, not sure but you would think the odds are it will get financing with the goods in the ground and forseeable potential for cobalt, at the least partner up with someone that sees the potential in cobalt. So as you can see alot of variables.The lt chart has many targets since it fell from reasonably lofty heights....so potential for a momo run is there, but will it, I don't know.


Oct 19, 2009 02:30PM

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Oct 19, 2009 02:59PM

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Oct 19, 2009 03:36PM
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