TMC Offers Massive Upside Mining the Seafloor The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates. But that rally fizzled and the dollar took a sharp turn lower in September of 2022, even with the Fed continuing to raise rates, doubling the Fed Funds rate from 2.5% to over 5%.
This can be explained by the markets being forward-looking and anticipating an end to rate hikes on the horizon. But this is also partially due to inflation remaining stubbornly high with no signs of fiscal responsibility from the current administration. And now that most of the rate hikes are behind us and we are at or near a terminal Fed Funds rate, we think the dollar decline will accelerate, which will translate into significantly higher commodity prices.
TMC the metals company Inc. (TMC)
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products. This company is interesting because they are the first publicly-traded company to attempt mining valuable metals from the sea floor.
They claim to be developing the world’s largest estimated source of battery metals, with enough nickel, copper, cobalt and manganese to electrify the entire U.S. passenger vehicle fleet. They estimate massive In situ quantities of nickel, copper, cobalt and manganese with a total resource of 15,700,000 t Ni / 2,400,000 t Co / 13,300,000 t Cu / 350,000,000 t Mn. Some nickel projects have high grade, some have a large resource, but TMC is an outlier among peers with the largest NiEq resource and highest NiEq grade.
The company estimates an NPV of over $10 billion at current nickel prices, based on just 22% of the NORI-D resource. Yet the company is trading at a market cap of around $300 million. This is a multiple of 10x to 20x less than their land-based peers, implying huge upside should they be successful obtaining permits and moving into production.
In just the past week, TMC said it plans to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as late 2025. The company has signed non-binding MoU with Pacific Metals Company (PAMCO) of Japan to evaluate the processing of 1.3 million tonnes per year of wet nodules But environmental campaigners say seabed mining could have a catastrophic impact on marine ecosystems, so it is still unclear if they will get the license needed to start mining. There are also questions around the costs to pull these nodules up from deep locations on the seafloor.
TMC is an interesting speculative mining play. Management believes it has rights to the globe’s largest undeveloped Nickel project. Nickel is one of the most widely used minerals for EV batteries and will see increased demand in the years ahead. A supply gap is likely to push prices for nickel much higher in the years ahead, potentially increasing the value of TMC as well. Much will hinge on getting final regulations from the International Seabed Authority, which seems to be in no hurry. But if this happens and TMC gets permits, I think this stock is going to be 5x to 10x for investors buying shares ahead of the news.
The share price spiked higher on increased media coverage lately, but dropped back just as fast. I recommend this balanced article from CNBC for continued reading on TMC. The price went from 65 cents to $3.00, before falling back to $1.10 currently. Everyone will have to decide for themself if this is a good opportunity to buy the pullback or simply catching a falling knife. A small allocation as a lottery ticket could be of interest for risk-tolerant investors.
Cobalt
Cobalt - Long; There is no such thing as a "cobalt mine"Cobalt occurs as a metal mining byproduct - mainly copper, zinc, etc. -, 80% of the world production is centered in the Democratic Republic of the Congo - which is neither democratic nor a republic, or a state. (It's claim to fame is perpetual genocides, an endless civil war, accompanied with abject poverty.)
70% of cobalt refining capacity accompanied with worldwide cobalt mining interests is held by China. In short, the DRC has the cobalt and China owns the DRC.
The market recently became awash with the metal and prices promptly collapsed to multi-year lows. However, ...
... what about the "EV revolution"? ... (Which, I contend, is pure fiction on the scale as it is being imagined or rather, fantasized. But that's a longer story.)
The fundamental factors - i.e. the physics/chemistry - remain the same;
Lithium, the main component in almost every kind of electricity storage apparatus - i.e. batteries - is one of the least energy dense metal in the periodic table of elements. (Look at it's electron configuration and it will be immediately clear.) A pure lithium battery would be as effective as pissing into the wind. I.e. Lithium must be alloyed with something, most commonly with cobalt.
Long story short, there are two (2) potential plays here;
1) Glencore (OTC:GLNCY) - Long; The main chart; Watch for that Double-top at $14, though!
2) China Molybdenum (OTC:CMCLF) - Long; Should one trust the Chinese? ... (Might care to factor that in!)
Radar recap before the breakoutPROFZERO'S TAKE - RADAR RECAP
Ever since the very first edition of our daily Parlay, Profs have repeatedly cited their radar to keep track of ongoing macroeconomic developments and forming views. It's about time then
for a first full-blown recap of what we are looking at right now, and how do we see the next steps moving:
World politics: The war in Ukraine has reshaped European geopolitics, forcing the EU to rethink its entire energy supply and security policy off from Russia, other than bringing the continent back to reassessing the readiness of its armed forces. The blockade of the port of Odesa exacerbated supply-chain tensions that had been simmering since 2021, pushing commodity prices to all-time highs in energy and fertilizers and ushering the risk of famine and social unrest in the Middle East and Africa due to shortage of cereals and calories at large. Meanwhile, the relationships between the U.S. and China remain tense over Taiwan, as the island remains exposed to a potential Chinese invasion - Bearish
Monetary policy: Central banks around the world have finally taken inflation seriously, launching interest rate hike and balance sheet trimming plans in an attempt to cool price surges and yet preserve growth and employment in the real economy. U.S. data in May were in fact supportive, with Main Street adding 390,000 jobs and keeping unemployment as low as 3.6%. Yet, the effects of higher interest rates are going to be felt only as they trickle down through the economy, in the form of costlier mortgages for homeowners and more expensive or altogether barred access to debt financing for sub-investment grade nations and corporates. As a result, defaults could sweep the economy, as already seen by the failure of Sri Lanka to pay its foreign-currency debt; the looming default of Russia; and the collapse back in 2021 of Chinese constructions giant Evergrande - Neutral
Equities: The secular bull run hit by equities since the fall of Lehman Brothers in 2008, and fueled by loose monetary and fiscal policy on both shores of the Atlantic, hit a major stop in Q1 2022, when investors rushed to the door, spooked by the prospects of Regulators draining liquidity from the system. As a result, Nasdaq plunged 30% from peak (November 2021) to trough (April 2022), while S&P 500 only teetered on the brink of a bear market (negative 19.9% peak-to-trough). Investor fled Growth stocks whose profits are deep in the future, hence exposed to greater discounting by higher interest rates, favoring Value equities thanks to the solidity of their balance sheets and capacity to generate income via dividends. ProfZero argues that within the very Growth space, Value-like equities do already exists - tech giant Microsoft (MSFT) for instance is America's best-rated company (AAA/stable) - Neutral
Commodities: After a lost decade, and crude oil trading even in negative price territory for one day in 2020 (April 20, WTI crude contract settling at negative 37.63/boe), commodities came back roaring in 2022, in what analysts at Goldman Sachs have already dubbed the beginning of a new supercycle. ProfZero concurs that commodities - and their supply chains - have been taken for granted for too long; now, in the wake of de-globalization talks, developed as well as emerging economies find themselves rattled by the prospects of unsustainably high - or even unaccessible - key commodities like fuel and fertilizers, or even worse calories. Thinking one step ahead, ProfOne has set its eyes on the minerals of the future - cobalt, lithium and nickel - reminding that these are also highly concentrated in a handful of areas around the globe, thus possibly falling into the same supply trap of the commodities of the past century - Bullish
Blockchain assets: A unprecedented "crypto winter" has gripped investors in the blockchain space, first sending BTC from all-time at USD 68,990 in November 2021 to USD 25,350 on May 12, 2022 (63% peak-to-trough), then decreeing the collapse of Terra/LUNA project in just 3 days on the second week of May this year. Yet, the blockchain space is showing remarkable resilience, with BTC resisting further slides and in fact potentially preparing for a new "golden age", as foreseen by venture capital fund Andreesen Horowitz. ProfZero remains focused on the superiority of the blockchain as a technology, capable to shape the next decade in information processing, automotive, entertainment, finance and healthcare - Bullish
BTC negating breakout could mean impending correctionINVESTMENT CONTEXT
The epicenter of the Ukraine conflict is now Severodonetsk, where 70% of the strategically important eastern city had been captured by Russia, until a Ukrainian counterattack claimed it back
The World Health Organisation (WHO) reported that there have been 780 confirmed monkeypox cases over the past three weeks in countries where the disease is not endemic The WTO dubbed the global risk for monkeypox as "moderate"
U.K. sales in May fell 1.1% on a yearly basis, as consumers cut down on big-ticket items like furniture and electronics
A global rush to secure lithium, nickel, cobalt and other key battery minerals from a handful of nations is sending commodity and battery prices to all-time highs
Goldman Sachs senior chairman Lloyd Blankfein urged investors to "dial back" on negativity, seeing a rather possible "soft landing" for the economy
PROFZERO'S TAKE
ECB policy makers are clashing about when to stop reinvesting into the continent's government bonds, with some positing to act as early as this week. ProfZero keeps ECB - and now also Bank of England, BoE - policy making high on its radar, as but parts of the impending quantitative tightening have been priced by market
In a rather choppy session, equities gave up much of the earlier gains on June 6 as bear momentum persisted. ProfZero concurs with The Economist on a recession in the making for 2023 or even 2024, as higher interest rates trickle down into costlier mortgages and liquidity dry-up for "zombie" corporates (i.e. firms that can't generate sufficient cash flow to make up for interest payments). Yet near-term breathers like China's reopening and the resilience of U.S. economy point to a rather mild crash. Will that be enough to absorb also the surge in commodity prices? Much of the answer lies in China, where Goldman Sachs just boosted forecasts
May 20, June 1 and June 6: ProfZero called all BTC sell-offs indicating insufficient buy-side pressure. Now that the triangle trade is restored, a potential correction is brewing - a new call on leg (C) of short-term Elliott wave
PROFONE'S TAKE
ProfOne’s sees it about time to dig into container shipments, given that 90% of the world's goods are seaborne. Port bottlenecks, shortage of empty containers and land transport delays, worsened by Ukraine-Russia war and Chinese lockdowns, caused the well-known supply chains disruptions of 2021. Freight rates are in average five time higher now compared to pre-pandemic levels. While global carriers are enjoying the sixth straight quarter of record-high profits, prices do not see signs of abating. ProfOne agrees that China reopening and decline of consumer demand like in the U.K. could ease the situation, but there is no optimism about steep freight rates reduction just ahead of peak delivery season and ports congestion still at historically high levels
PROFTHREE'S TAKE
Building on China's Premier Li Keqiang warning in May that the economy is now facing bigger difficulties than those in 2020, ProfThree points out a contraction of China’s services activity for the third month in a row. In May, the Caixin gauge rose to 41.1 points after plunging to 36.2 in April, yet remained well below the 50.0 points level which separates growth from contraction. Referring to ProfZero’s recent reflection on the deflationary nature of services consumption, ProfThree is worried about the growing unemployment the sector is facing due to COVID-induced restrictions, and its effect on the economy. Profs are awaiting Chinese data on inflation due June 10, both PPI and CPI (Producers’ and Consumers’ Price Index, respectively). The print is considered one of the key factors in the People's Bank of China's decision on interest rates expected by the third week of June
I'm bullish on commodities in generalCrude oil confirmed this megaphone pattern which has a technical target at around $ 85. That target would break a 13 year old downwards sloping resistance. First Cobalt could follow the commodity market for a lucrative wave three but be careful with this pennystock as further correction (double three) is possible.
$FCC perfect bounce on the edge of the Arc.First Cobalt just proved the validity of the arc with a nice bounce out of a bullish pennant. We could be looking at a quick 3 bagger here.
COBALT ETF (ASX:JRV+ASX:COB+ASX:CLQ+ASX:CLA+ASX:AUZ+ASX:ARV) I've created a list of companies to represent the price of Cobalt Mining Stocks on the Australian Stock Exchange, similar to an ETF.
Cobalt appears to be in early stages of a market cycle with utility across high-growth technology/industrial sectors: electric vehicles (lithium-ion batteries), semiconductors, renewable energy, etc.
Please do your own research before making an investment decision, this is not financial or investment advice. Due diligence is important.
CCW.V Acquires 39,200 Hectares of EV Properties in ON and QCCCW has acquired nickel and copper properties to add to its flagship Cobalt, ON property that has been delivering bonanza silver and cobalt intercepts. Bullish Engulfing candle and pickup in accumulation make for a nice chart setup.
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COQUITLAM, BC, Feb. 16, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the acquisition of 39,200 hectares of EV properties in Quebec and Ontario. It is Canada Silver Cobalt's intention to transfer the properties, in exchange for shares, to another public company to be identified by the Company, in order to capitalize on the current EV market, and to distribute the shares by way of dividend to Canada Silver Cobalt's shareholders.
These properties have a strong potential to host a variety of base metals including nickel, copper and cobalt. This strategic move is for structural organization purposes to add to our current cobalt mineralization discoveries in the Cobalt Camp and as an expedient approach to the increasing demand for EV battery input materials. Canada Silver Cobalt's main focus will remain on its High-Grade silver discovery at the Robinson Zone with drill core silver grades of 89,000 grams per tonne (January 29, 2021 CCW Press release).
$TSLA Elon Musk says " Buy Nickel" $ARRRF Next 10 X + GOLDI will keep this brief > Just wanted to give some bullets because like some of the 10 X ideas I have shared in the past I do believe
$ARRRF is on the verge of a massive breakout. I don't want to spend much time on TA but will say I do expect the stock to break the previous 1.60 area as improving fundamentals and resource appreciation can justify it. Stock is trading in the .30 handle right now so feel it has tremendous upside
Just wanted to get it out to community as quick as possible so you can do your own research .
If you like this idea or my past ideas I don't always post on Tview but for now I am on twitter > @TheNvsibleHand but twitter kind of sucks with its BS censorship, so will be there till we build the #newinternet powered by Bitcoin and Litecoin
We are heading into a age of electrification and nickel is a key ingredient in the batteries that power the electric cars
DD Notes
1. $ARRRF - Gold making a new high and nickel demand increasing , upside with a miner targeting Gold, Nickel-Cobalt, Nickel Sulfates
2. $ARRRF Ardea's total nickel and cobalt resource is 5.46 million tonnes
3. $ARRRF (via Heron's ex nickel resource) has the world's third largest nickel resource, and the developed world's largest cobalt resource
4. GROSSLY UNDERVALUED currently with only a 32 Million market cap which with the increase demand for Nickel alone gives great upside here
'Please mine more nickel,' Musk urges as Tesla boosts production
www.reuters.com
website
ardearesources.com.au
CHK Cohiba Minerals (ASX)Continue downtrend, buy zone at .006 depending on reaction, no divergence just negative looking for this one. I put an alert at the level and I'll have a look if it is hit.
COBALTI'v been looking into cobalt for about 2 years now. This is a very volatile and underdeveloped market. Futures non-existent, just LME but lot size is 1 metric ton... you can gain indirect exposure through mining companies stock, or more direct via streaming companies (basically commodity hodlers that have contracts to buy in bulk from miners and who then warehouse it for speculative purposes). Yeah sounds dodgy af...
Cobalt27 is one such company that I have some participation in. I can in no way vouch for the actual cobalt stock held by this company. DYOR. But otherwise this sector is almost impossible to enter. But why enter at all? Because electric vehicles use lithium ion batteries which would otherwise explode if it wasn't for the cobalt additive. The same goes for all mobile devices which all use lithium ion batteries these days.
The chart shows the blue area, which is the cobalt price (unfortunately LME stopped providing this data for free in February!!! that's why it goes flat). The price per ton is currently trading around $39k - that's roughly $1.21 per troy ounce. As you can see we recently came out of a crazy bubble which started in 2016 - I think we more or less bottomed, but that's opinion and not necessarily fact. Looking at the course of Cobalt27, you can see that the share price more or less followed the trend of the cobalt price. This correlation is better than mining stock imo and is an easy way into the market, if not exactly without risk.
3.52p / 6.78p price targets - 200ma approach - support heldas we get closer and closer to 200ma & support level is being held I think scaling in is a better decision as we don't know when it will start motoring
Zamsort is an amazing asset & worth much more then £18m mcap
Hopefully a sale of Casa will give us a nice amount to continue operations for Zamsort.
Pretty happy holding & waiting for delivery.
A First Look at Lithium Ion Batteries (Electric Vehicles)Electric cars (mobility in general) are part of our future. Demand is growing all over the world and producers now exist in Asia, Europe & North America. It's an emerging market and is yet to mature. This makes it interesting from an investment point of view. But when and how to invest? I'm just going to publish my research here as and when I can be bothered. If anyone wants to contribute with news, ideas, technical info I will be grateful.
Lithium Ion Batteries (Li-ion)
Provide energy storage, make up one of the key components in e-vehicles, determine to a large degree vehicle range and performance limitations
Key ingredients incl: lithium (carbonate or hydroxide) as well as cobalt , nickel , aluminium , manganese and graphite
Basically ions (charged particles of lithium) flow from a negative electrode (anode) to a positive electrode (cathode) in a liquid medium (electrolyte).
Lithium is used in production of the electrolyte and cathode
Current li-ion types incl: lithium-cobalt oxide ( LiCoO ) and lithium-nickel-manganese-cobalt oxide (LiNiMnCoO or NMC ). NMC takes a leading place in the automotive sector.
Apart from lithium both cobalt and nickel are highly prized by manufacturers and NME batteries, which are made out of all three, offer good safety levels with promising energy densities.
For investors li-ion innovation/production is an important area to keep abreast of. Recently prices of cobalt have gone through the roof, this led manufacturers to look for alternatives such a nickel and manganese. Berkeley researchers claim it is possible to build electrodes without cobalt (cleantechnica.com) which also offer more capacity using manganese for example. So it is important to have a layman's grasp of the technology and ensure knowledge of latest research. It is likely that a variety of different solutions will come online in the next 10 years and the market / physics will decide on the winners.
However, many R&D advances have long lead times to reach production. This makes it unlikely that cobalt will disappear completely from the manufacturing process in my opinion in the near future.
Market Activity
Recently cobalt (Co) has skyrocketed whilst nickel has not increased that much and shows possibility of more growth whilst cobalt looks to be correcting (hard). This is in my view due to
Development of cobalt bubble unsupported by fundamentals
A shift of fundamentals away from cobalt to other metals such as nickel
Does this mean nickel will see continue uptrend at cobalt's expense? The speculative activity in this sector seems to force manufacturers away from the underlying asset / material. Therefore it is imperative to get in early. Again this is an area of very active R&D and fundamentals can change rapidly within limited time, often before uninformed investors can react.
Futures Launching
Another interesting development is the London Metals Exchange (LME) will be launching car battery metals' futures sometime in 2019/2020:
www.cnbc.com
This will include cobalt, nickel, manganese, graphite and lithium. As far as I am aware futures are generally released at the top of a bubble (see gold/silver/bitcoin...).
See recent Tesla bubble and research that shows just how overvalued shares were: all due to e-vehicle hype. New tech sectors are rampant with hype. Just look at fang stocks: all hideously overvalued with exception of Google.
The hype in the e-car market is real and is an area that will continue to grow into the coming decade, but e-vehicles is a real manufacturing sector.
$CRUUF is back in the buy zone. We could see Upside of +300%...=====================
CRUUF (Cameo Cobalt Corp.)
Alert Price: $0.0958
Investor Presentation
Company Website | Recent News
========================
Members,
Our top Cobalt play of 2019 is back in the buy zone!
it's time to put CRUUF (Cameo Cobalt Corp) back on your radar.
This energy metals explorer is back under 10-cents, and we're betting on an easy move of at least ten to fifteen percent tomorrow.
The Company just made another strategic acquisition that we believe will serve as an immediate catalyst for a major breakout in the days ahead.
Last week, the Company announced it has entered into an asset purchase agreement to acquire, from an arm’s length third party, three mineral claims adjacent to the Company’s Big Mac gold property. The Big Mac Gold Project shares more than 30 kilometres of contiguous claim boundaries on the east and west sides of Aben Resources Ltd.'s Forrest Kerr gold project. The Big Mac Gold Project is also located just north of properties owned by Garibaldi Resources Ltd. and Colorado Resources Ltd.
We view this as a very shrewd move by the management team over at CRUUF, as gold prices are expected to sky rocket this year.
Among those that are most bullish on the precious metal is Goldman Sachs. The investment bank maintained its overweight recommendation and raised its 12-month price forecast up from $1,350 an ounce to $1,425, a level last seen in August 2013. Goldman analysts contend that the gold price “will be supported primarily by growing demand for defensive assets, with a slower pace of Fed rate hikes in 2019 boosting demand only marginally.”
CRUUF is your key to capitalizing on the EV (Electric Vehicle) market for less than ten cents a share!
Companies like BMW, Nissan, Volvo, Tesla, GM, and Ford are all competing to become the leader in the electric vehicle space. Tesla CEO Elon Musk believes that more than half the new cars produced in America will be electric in ten years. Regardless of who comes out on top, all these automakers will need a supply of lithium to make car batteries.
There's a dire demand for cobalt to continue fueling the electric vehicle revolution.
Some have even said that cobalt may take over lithium as the star performer in the niche metals market. Cobalt is valued for its ability to withstand the crazy amount of heat that is generated by lithium-ion batteries.
CRUUF could be one of the most exciting cobalt plays in the market right now given the projects it has and these levels could be at the ground-floor!
CRUUF holds an option to acquire a 100% undivided, unencumbered legal and beneficial interest in the Montreal Cobalt Project, located 15 km southwest of Santiago in the past producing Metropolitan Region of Chile.
The company's Montreal Cobalt Project consists of 16 mineral claims and comprises a total of 4,500 hectares. It is less than 2 kilometres away from the past producing Merceditas mine.
The acquisition of the Montreal Cobalt Project has entrenched CRUUF in two of the three historic cobalt-producing regions of Chile!
CRUUF is the ultimate value play for those looking to cash in on the inevitable EV (Electric Vehicle) boom.
Here are just a few other reasons why we believe that CRUUF is due for a breakout of epic proportions
Cobalt demand is forecasted to triple in the next decade
Most of the world's cobalt production is concentrated in the Democratic Republic of Congo, where it has been revealed that children work in hazardous conditions mining the metal
It is now the 100% owner of 1 of only 2 molybdenum mines in Canada
61% increase molybdenum spot prices over the past year mean real feasibility of the Max Mine and Mill. Upward price movements are further amplified by Trump’s Trade War with China, affecting global molybdenum supply chains.
BMO Capital Markets has raised its price forecast for molybdenum on the back of expected limited output growth and rising demand from the oil and gas markets.
Max Mine and Mill’s past operator, Roca Mining had a market capitalization of more than $400 million with this asset.
Exposure to the looming gold bull market, by way of its 100% owned Big Mac Gold Project in the prolific Golden Triangle.
Currently rated as a "Buy" by the analysts at barchart.com
Has entered into an asset purchase agreement to acquire, from an arm’s length third party, three mineral claims adjacent to the Company’s Big Mac gold property. The Big Mac Gold Project shares more than 30 kilometres of contiguous claim boundaries on the east and west sides of Aben Resources Ltd.'s Forrest Kerr gold project. The Big Mac Gold Project is also located just north of properties owned by Garibaldi Resources Ltd. and Colorado Resources Ltd.
CRUUF closed Friday's session out strong, up over four percent, and just below session highs.
It has also closed in the green the past three sessions, while continuing to trade on higher than average volume.
This is a major bullish indicator....
We see limited downside risk, and almost unlimited upside potential from this alert price.
That being said, we ask that all members read our full profile, start their research now, and consider grabbing up a position in CRUUF tomorrow morning at 9:30AM EST!
About Cameo Cobalt Corp.
Cameo Cobalt Corp. (OTC: CRUUF) Invests in rare earth and precious metals projects. It has been garnering attention lately and has some notable lithium projects in the works.
They include: the Big Mac Gold Project, the Will Gold Project, the Carrizal Cobalt Project, the Montreal Cobalt Project, and now the with yesterday's acquisition, the MAX Mill and Molybdenum Project.
Big Projects = Big Revenue
Three weeks ago, CRUUF announced the completion of their acquisition of the Max Mine and Mill, Willa Property.
Acquisition Overview:
The acquisition of the Max Mine and Mill is a major development and a catalyst for growth as CRUUF only has a $5,000,000 market cap and these assets represent an opportunity of drastic growth in the valuation of the firm by 5x – 10x conservatively in the near term.
The deal is a combination of $203,982 in cash considerations, 5 million common shares and a grant of 50% net profit interest in the two mining properties going forward. The net profit grant is active only after Cameo has recouped its capital investment and pre-production cost.
Roca Mines Inc., the previous operator of the Max Mine and Mill traded at a market capitalization of more than $400,000,000. This highlights the management teams acquisition prowess and can give investors confidence in further growth of CRUUF.
While Energy Metals are forecasted to be the future of the automotive and energy storage industries, this company has built a dominant position in the booming gold market and holds claim to the most lucrative molybdenum call option on the board.
It looks like the management team over at CRUUF read President Trump's "The Art of the Deal" because this acquisition is shaping up to be the steal of a lifetime.
CRUUF is proving itself to be an acquisition powerhouse having grown its portfolio significantly in recent quarters. The company just completed 3 major acquisitions and is in the process of completing a $2 million dollar private placement that will assist with advancing their exploration programs this year.
The company is now in two out of three historic cobalt producing regions in Chile and has projects in 3 provinces in Canada. Its flagship asset is a 456-hectare project in the Carrizal Alto region that is adjacent to a historical high-grade cobalt deposit.
MAX Mine/Mill Overview
The Max Mine and Mill includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses. other The project is located near Trout Lake in the Revelstoke mining division of British Columbia.
The Max Project is turnkey and permitted with investments exceeding $80 million. The property is 5,489 hectares and consists of 59 mineral claims. The mine holds 22 million tons of 0.5% molybdenum and is one of the top 2 richest molybdenum deposits in Canada.
What is Molybdenum used for?
Molybdenum is used to make alloys and the mineral is able to increase the strength, hardness, electrical conductivity and resistance to corrosion. It is used for the creation of engines, heating elements, drills, circuit boards and electrodes.
Molybendum prices are currently affected by the Trade War between the US and China. This means turmoil for their industry represented by China’s leading Molybdenum producer’s stock being down over 35% in the last six months. China is responsible for nearly half the world’s industrial metal demand and two-thirds of the world’s seaborne trade in steel-making raw materials.
US will need to look to its neighbors for production and the MAX mine is one of only two options in close proximity to America. Molybdenum spot prices are up 61% over the past year and this rare earth element is certainly poised for another bull cycle.
In fact, BMO Capital Markets has raised its price forecast for molybdenum on the back of expected limited output growth and rising demand from the oil and gas markets.
MAX Mine/Mill Project Highlights
1 of 2 molybdenum mines in Canada
59 mineral claims totaling approximately 5,489 hectares
Total investment to date exceeds $80m
MAX Mine complex is turnkey operation and is fully permitted
Big Mac Gold Project Overview
The Big Mac gold project consists of 12 mineral claims situated in the Golden Triangle of British Columbia and represents the largest claim package in proximity of Aben Resources’ Forrest Kerr gold project. The Big Mac gold project is notable as it not only surrounds much of the Forrest Kerr gold project, but also contains significant tenure historically held by Barrick Gold. Aben Resources recently provided an update, announcing discovery of 62.4 grams per tonne gold over 6.0 metres within 38.7 grams per tonne gold over 10.0 metres.
On January 28th the company announced it has purchased a drill ready large land position in the Golden Triangle. This part of British Columbia has seen $100 million in exploration expenditures in 2017 and offers power generation, road infrastructure and abundant resources. The Big Mac project consists of 12 mineral claims across 9,264 hectares close to projects with sizable gold reserves.
Big Mac Exploration Plans
Cameo completed a helicopter-borne magnetic survey in early September 2018, comprising 901 line kilometers over the entire property. This study defined important structures branching east off the regional-scale Forest Kerr Fault Structure.
These second and potentially third order fault splays are interpreted as important controls on the emplacement of high-grade gold and silver veins in the region.
Cameo is currently preparing for an aggressive exploration program on this property that will include ground-based geophysical surveying, soil sampling, mapping and prospecting. This work is going to be done across the Forest Kerr splay structures defined by the 2018 airborne survey as well as zones of known mineralization previously defined by Barrick Gold Corp.
The Company is going to use the results of the Phase I exploration program to generate drill targets on the Big Mac. They will prepare a Notice of Work application for drilling with the BC Ministry of Energy, Mines and Petroleum Resources in 2019.
The potential of a significant discovery in the Golden Triangle has historically offered spectacular results for investors. GT Gold stock gained 646% in 2017, Garibaldi Resources gained 822% in three months and Metallis Resources gained 450% inside of two months.
The company’s $2,000,000 private placement, strong geological team and raising gold metals environment successful drill targets could mean big gains for Cameo Cobalt in the near term.
Big Mac Gold Project Highlights
12 mineral claims across 9,264 hectares
The largest claim package adjacent Aben Resources’ Forrest Kerr Gold Project that has indicated 62.4 grams per tonne gold over 6.0 metres within 38.7 grams per tonne gold over 10.0 metres
Recent Developments
Cameo to Acquire Additional Claims Adjacent to Its Big Mac Gold Project in British Columbia's Golden Triangle
The Company announced it has entered into an asset purchase agreement (the “Asset Purchase Agreement”) to acquire, from an arm’s length third party, three mineral claims (the “Claims”) adjacent to the Company’s Big Mac gold property. The Big Mac Gold Project shares more than 30 kilometres of contiguous claim boundaries on the east and west sides of Aben Resources Ltd.'s Forrest Kerr gold project. The Big Mac Gold Project is also located just north of properties owned by Garibaldi Resources Ltd. and Colorado Resources Ltd.
Under the terms of the Asset Purchase Agreement, Cameo has agreed to purchase the Claims for consideration of 20,000 common shares of the Company. The Asset Purchase Agreement and the purchase of the Claims by the Company are subject to the approval of the TSX Venture Exchange. Once issued, the common shares will be subject to a hold period of four months and a day from the date of issuance.
Big Mac Exploration Campaign
The Company is also pleased to announce that it finalizing its geochemistry survey and soil sampling initiatives for the 2019 summer exploration season. Cameo expects to engage Ridgeline Exploration Services Inc. (“Ridgeline”) to manage its summer exploration campaign in the Golden Triangle.
Cameo also reports that Campbell & Walker Geophysics Ltd. (“Campbell & Walker”) is concluding its 3-D modelling of a strong magnetic anomaly stretching more than five kilometres in a generally north-northeast trend across the Big Mac East block claims (see Cameo news release dated February 7, 2019). This anomaly appears to be up to approximately one kilometre wide and is interpreted to hold the potential to record a buried back-arc spreading centre.
The anomaly occurs within Hazelton Group basalts, mapped as Eskay rift fill by government geologists, on a prominent topographic feature referred to as Pillow Ridge entirely within the Big Mac East block and located 16 kilometres northwest of the historical gold- and silver-producing Eskay Creek mine site.
The Company plans to leverage the completed 3-D model of the Big Mac anomaly to locate one or two drill holes with the objective of establishing the stratigraphic context.
About the Big Mac Gold Project
The Big Mac gold project consists of 12 mineral claims structured into three tenure blocks and is the largest claim package contiguous with Aben Resources' Forrest Kerr gold project. The Big Mac West Block is located approximately 3 to 4 kms to the west of the East Block, across the Forrest Kerr Creek valley. As many as twenty mineral showings and prospects from the B.C. government’s MINFILE website occur between the Big Mac East and West Blocks.
Cameo completed a helicopter-borne magnetic survey over the property in September 2018, comprising 773 line kilometres at 150-metre spacing. Interpretation of the airborne magnetic data identifies a strong magnetic anomaly stretching more than five kilometers in a generally north-northeast trend within the Big Mac East Block, as well as cross faults extending from the regionally significant north-south Forrest Kerr fault. This strong magnetic anomaly occurs within Hazelton Group basalts, mapped as Eskay rift fill by government geologists.
As described in the NI 43-101 report, the Big Mac gold project is in British Columbia’s prolific golden triangle, covering 9171 hectares in two separate claims blocks. The Big Mac East Block (larger of the two blocks) is located between the past-producing Eskay Creek gold and silver mine (16 kms southeast), and Aben Resources’ 2018 drilling (9 kms to the north) which reportedly intersected multiple high-grade gold zones, including 38.7 grams per tonne gold over 10.0 metres.
Cameo Closes Acquisition of Max Mine and Mill, Willa Property
Cameo Cobalt Completes Big Mac 43-101
Market Outlook
Cobalt demand remains strong due to the electric vehicle EV boom.
Each new electric vehicle (EV) uses about 10kg (22 lbs) of cobalt.
The recent nickel shortage has attracted a lot of attention. What is less known is that molybdenum too is in ever greater demand, with tightening supplies and soaring prices. A world-wide boom in infrastructure projects, especially those which have critical applications, has fuelled demand for this versatile metal. Stainless Steel World asked Nicole Kinsman and Hans Imgrund of the International Molybdenum Association to explain the background and indicate what the future may hold. Their findings suggest that supplies will remain tight in the short term, but that the long-term supply prospects are looking good.
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.
Technical Analysis
From a technical standpoint, CRUUF looks like a no brainer.
But don't just take our word for it....the analysts at barchart.com are also bullish on this ticker, and have rated it a "Buy" based on several key technical indicators.
Shares of CRUUF were trading over forty-cents just last summer.
A run back to those highs from today's alert price would show traders well over +300% in real profit.
CRUUF closed Friday's trading session strong, up over four percent, and just below session highs.
It has also closed in the green the past three sessions, while continuing to trade on higher than average volume.
This is a major bullish indicator, and it means that momentum is on our side....
In our very own modest/unlicensed opinion, we are betting on at least a ten to fifteen percent move from CRUUF tomorrow
We see limited downside risk, and almost unlimited upside potential from this alert price.
As such, we are urging all members to start their research now, and consider grabbing up a position in CRUUF tomorrow morning at 9:30AM EST!
(*Remember to use a basic Stop-Loss Order or more advanced Stop-limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
Don't Miss Our Next Huge Winner...
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DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated ten thousand dollars by World Wide Media Group to conduct investor relations advertising and marketing for CRUUF. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
$CRUUF looks ready to Explode Higher on Huge Acquisition News!=====================
CRUUF (Cameo Cobolt Corp.)
Alert Price: $0.1029
Chart Analysis
Investor Presentation
Company Website | Recent News
========================
Members,
Earlier today, we told you we had just found the hottest Cobalt play in the entire market.
Well true to our word, let us bring CRUUF (Cameo Cobolt Corp) to your attention.
This energy metals explorer just bought a mine and fully operational mill for pennies on the dollar!
The Company has announced the completion of their acquisition of the Max Mine and Mill, Willa Property.
Acquisition Overview:
The acquisition of the Max Mine and Mill is a major development and a catalyst for growth as CRUUF only has a $5,000,000 market cap and these assets represent an opportunity of drastic growth in the valuation of the firm by 5x – 10x conservatively in the near term.
The deal is a combination of $203,982 in cash considerations, 5 million common shares and a grant of 50% net profit interest in the two mining properties going forward. The net profit grant is active only after Cameo has recouped its capital investment and pre-production cost.
Roca Mines Inc., the previous operator of the Max Mine and Mill traded at a market capitalization of more than $400,000,000. This highlights the management teams acquisition prowess and can give investors confidence in further growth of CRUUF.
While Energy Metals are forecasted to be the future of the automotive and energy storage industries, this company has built a dominant position in the booming gold market and holds claim to the most lucrative molybdenum call option on the board.
It looks like the management team over at CRUUF read President Trump's "The Art of the Deal" because this acquisition is shaping up to be the steal of a lifetime.
CRUUF is proving itself to be an acquisition powerhouse having grown its portfolio significantly in recent quarters. The company just completed 3 major acquisitions and is in the process of completing a $2 million dollar private placement that will assist with advancing their exploration programs this year.
The company is now in two out of three historic cobalt producing regions in Chile and has projects in 3 provinces in Canada. Its flagship asset is a 456-hectare project in the Carrizal Alto region that is adjacent to a historical high-grade cobalt deposit.
Here are just a few reasons why we believe that CRUUF is due for a breakout of epic proportions
Cobalt demand is forecasted to triple in the next decade
It is now the 100% owner of 1 of only 2 molybdenum mines in Canada
61% increase molybdenum spot prices over the past year mean real feasibility of the Max Mine and Mill. Upward price movements are further amplified by Trump’s Trade War with China, affecting global molybdenum supply chains.
BMO Capital Markets has raised its price forecast for molybdenum on the back of expected limited output growth and rising demand from the oil and gas markets.
Max Mine and Mill’s past operator, Roca Mining had a market capitalization of more than $400 million with this asset.
Exposure to the looming gold bull market, by way of its 100% owned Big Mac Gold Project in the prolific Golden Triangle.
Currently rated as a "Strong Buy" by the analysts at barchart.com
CRUUF closed the day out strong, up over seven-percent, and just below session highs.
It has also closed in the green every day this week, while seeing an increase in daily volume.
This is a major bullish indicator....
We are confident that once this acquisition news grabs the full attention of Wall St., shares of CRUUF could see a very profitable breakout.
That being said, we ask that all members read our full profile, start their research now, and consider grabbing up a position in CRUUF tomorrow morning at 9:30AM EST!
About Cameo Cobalt Corp.
Cameo Cobalt Corp. (OTC: CRUUF) Invests in rare earth and precious metals projects. It has been garnering attention lately and has some notable lithium projects in the works.
They include: the Big Mac Gold Project, the Will Gold Project, the Carrizal Cobalt Project, the Montreal Cobalt Project, and now the with yesterday's acquisition, the MAX Mill and Molybdenum Project.
Big Projects = Big Revenue
MAX Mine/Mill Overview
The Max Mine and Mill includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses. other The project is located near Trout Lake in the Revelstoke mining division of British Columbia.
The Max Project is turnkey and permitted with investments exceeding $80 million. The property is 5,489 hectares and consists of 59 mineral claims. The mine holds 22 million tons of 0.5% molybdenum and is one of the top 2 richest molybdenum deposits in Canada.
What is Molybdenum used for?
Molybdenum is used to make alloys and the mineral is able to increase the strength, hardness, electrical conductivity and resistance to corrosion. It is used for the creation of engines, heating elements, drills, circuit boards and electrodes.
Molybendum prices are currently affected by the Trade War between the US and China. This means turmoil for their industry represented by China’s leading Molybdenum producer’s stock being down over 35% in the last six months. China is responsible for nearly half the world’s industrial metal demand and two-thirds of the world’s seaborne trade in steel-making raw materials.
US will need to look to its neighbors for production and the MAX mine is one of only two options in close proximity to America. Molybdenum spot prices are up 61% over the past year and this rare earth element is certainly poised for another bull cycle.
In fact, BMO Capital Markets has raised its price forecast for molybdenum on the back of expected limited output growth and rising demand from the oil and gas markets.
MAX Mine/Mill Project Highlights
1 of 2 molybdenum mines in Canada
59 mineral claims totaling approximately 5,489 hectares
Total investment to date exceeds $80m
MAX Mine complex is turnkey operation and is fully permitted
Big Mac Gold Project Overview
The Big Mac gold project consists of 12 mineral claims situated in the Golden Triangle of British Columbia and represents the largest claim package in proximity of Aben Resources’ Forrest Kerr gold project. The Big Mac gold project is notable as it not only surrounds much of the Forrest Kerr gold project, but also contains significant tenure historically held by Barrick Gold. Aben Resources recently provided an update, announcing discovery of 62.4 grams per tonne gold over 6.0 metres within 38.7 grams per tonne gold over 10.0 metres.
On January 28th the company announced it has purchased a drill ready large land position in the Golden Triangle. This part of British Columbia has seen $100million in exploration expenditures in 2017 and offers power generation, road infrastructure and abundant resources. The Big Mac project consists of 12 mineral claims across 9,264 hectares close to projects with sizable gold reserves.
Big Mac Exploration Plans
Cameo completed a helicopter-borne magnetic survey in early September 2018, comprising 901 line kilometers over the entire property. This study defined important structures branching east off the regional-scale Forest Kerr Fault Structure.
These second and potentially third order fault splays are interpreted as important controls on the emplacement of high-grade gold and silver veins in the region.
Cameo is currently preparing for an aggressive exploration program on this property that will include ground-based geophysical surveying, soil sampling, mapping and prospecting. This work is going to be done across the Forest Kerr splay structures defined by the 2018 airborne survey as well as zones of known mineralization previously defined by Barrick Gold Corp.
The Company is going to use the results of the Phase I exploration program to generate drill targets on the Big Mac. They will prepare a Notice of Work application for drilling with the BC Ministry of Energy, Mines and Petroleum Resources in 2019.
The potential of a significant discovery in the Golden Triangle has historically offered spectacular results for investors. GT Gold stock gained 646% in 2017, Garibaldi Resources gained 822% in three months and Metallis Resources gained 450% inside of two months.
The company’s $2,000,000 private placement, strong geological team and raising gold metals environment successful drill targets could mean big gains for Cameo Cobalt in the near term.
Big Mac Gold Project Highlights
12 mineral claims across 9,264 hectares
The largest claim package adjacent Aben Resources’ Forrest Kerr Gold Project that has indicated 62.4 grams per tonne gold over 6.0 metres within 38.7 grams per tonne gold over 10.0 metres
Recent Developments
Cameo Closes Acquisition of Max Mine and Mill, Willa Property
Cameo Cobalt Completes Big Mac 43-101
Market Outlook
Cobalt demand remains strong due to the electric vehicle EV boom.
Each new electric vehicle (EV) uses about 10kg (22 lbs) of cobalt.
The recent nickel shortage has attracted a lot of attention. What is less known is that molybdenum too is in ever greater demand, with tightening supplies and soaring prices. A world-wide boom in infrastructure projects, especially those which have critical applications, has fuelled demand for this versatile metal. Stainless Steel World asked Nicole Kinsman and Hans Imgrund of the International Molybdenum Association to explain the background and indicate what the future may hold. Their findings suggest that supplies will remain tight in the short term, but that the long-term supply prospects are looking good.
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.
Technical Analysis
From a technical standpoint, CRUUF looks like a no brainer.
But don't just take our word for it....the analysts at barchart.com agree as well, having upgraded it to "Strong Buy," their highest approval rating.
We are also extremely bullish on CRUUF.
We've done our own chart analysis, and see the potential for a move of +200%!
Shares of CRUUF were trading over forty-cents just last summer.
A run back to those highs from today's alert price would show traders well over +300% in real profit.
CRUUF closed the day out strong, up over seven-percent, and just below session highs.
It has also closed in the green every day this week, while seeing an increase in daily volume.
This is a major bullish indicator....
We are confident that once this acquisition news grabs the full attention of Wall St., shares of CRUUF could see a very profitable breakout.
As such, we are urging all members to start their research now, and consider grabbing up a position in CRUUF this morning at 9:30AM EST!
(*Remember to use a basic Stop-Loss Order or more advanced Stop-limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
Don't Miss Our Next Huge Winner...
Text 'GAINS' to '67076'
to have our Trade Alerts
Delivered Direct
to your Cell Phone.
(There is no charge.
Msg&data rates may apply.)
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DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated ten thousand dollars by Cameo Cobalt Corp. to conduct investor relations advertising and marketing for CRUUF. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
Go Cobalt Mining 47G now for longLooks nice as a built bottom. So for an IPO could be the end of price correction. Looking for long. No recommendation.
CCW LongLooks like the stock price will increase significantly once the lower line of the fibernachi sequence is reached.
Cobalt stock watch listLast year, cobalt metal prices increased more than 130 percent, fueling investor excitement. Since then, cobalt has made news headlines again and again, as more carmakers and tech companies continue to look for long-term supply of the critical metal.
Source: Canadian based Investor News Network: In March, Cobalt Blockchain engaged Better Chain to provide a blockchain-based platform to demonstrate the compliance of cobalt and other minerals with international standards on responsible procurement. Shareholders also approved the company’s name change from Peat Resources to Cobalt Blockchain. On March 22, Cobalt Blockchain announced definitive joint venture agreements on cobalt projects in the DRC and filed a cobalt trading and export license. On April 3, Cobalt Blockchain, together with DLT Labs, signed a letter of intent to establish a joint venture to provide secure, traceable and transparent methods for tracking and certifying the provenance of metals and minerals.
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