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DawgTrading

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DawgTrading

Re: unit36 post# 158

Thursday, 10/18/2018 12:03:01 PM

Thursday, October 18, 2018 12:03:01 PM

Post# of 900
Decent entry level

Support was found at around $0.19 (USD) in August. Price is hovering above this support level. Took a small entry position today. Fundamentals look okay for this development stage company. If it dips below 0.19 will check price action and accumulate my position.

I have been scouring the PR's and news from various sources about the industry and the company. Cobalt will have a usefulness for the next decade so if production can start soon they will reap a nice benefit. However I cannot tell fully when production or revenue will start. They seem fully capitalized and able to pay any expenses however when will revenue start hitting the financial statements? Anyone who has been invovled with this company much longer know?
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