InvestorsHub Logo
Followers 163
Posts 7074
Boards Moderated 0
Alias Born 04/26/2010

Re: tootalljones post# 63

Thursday, 11/09/2017 10:23:21 AM

Thursday, November 09, 2017 10:23:21 AM

Post# of 107
ps: seeing lots of snipets from smallish explorers wanting to get into the cobalt game. However, these are very young companies, many years away from proving up what appears to be a deposit, and we all know that the overwhelming vast majority (who knows, 98%?) will fail. Ours is a massive, DEVELOPED world deposit, the largest BY FAR in the developed world and one of the world's very largest, bar none. Plus, we "stole" this deposit from two majors (and Heron) which had put in over 50 million in superb drilling works. .....so while we are not as close as CTEQ, our future is much brighter, provided cobalt (and nickle) continue to rise, which they will. The economics of the EV revolution are utterly clear, say what you will.
My take is that while cteqf will continue to rise and be brilliant, it will pale over the price rise of Ardea Resources. I have explained in earlier posts the reasons for the current discrpency in market caps, which is enormous, and which the Market over the next year or so, will even out. my 2c............and hey, cteqf will be a fabulous investment as well going forward.