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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@DanOToday, a private investment group hired me to analyze/do dd on a co and their advanced exploration #DRC#copper#cobalt project. The interesting fact is that they already own an interest in the co. I wanted to highlight this so you (investors) would understand that it makes a lot of sense to do dd on your investment AFTER you have already invested (not only before). Don't just pray and wait for the miracle to happen. Your wife and/or bank account are going to resent that. Pay the coin and get valuable info on the project. I will tell you what's really happening behind closed curtains and most importantly what will happen medium and long-term. Is that little project ever going to be a mine? Is it attractive enough to stir up passions and tickle a major to make them open their purse and acquire the co? What if the hundreds of parameters that they use in estimations are bad? Get the good, the bad and the ugly. Then decide what to do with your investment money. http://www.miningandmoney.com/about
@MiningBookGuyCobalt at Black Range exceeds expectations; associated with scandium and platinum group metals http://www.asx.com.au/asxpdf/20170613/pdf/43jwppw023hgbw.pdf$ARL.AX#Australia
• Extensive blanket of strong #cobalt and #nickel mineralisation
intercepted at Black Range.
• #Scandium discovered at Black Range as a significant surface
enrichment, with accessory #platinum and #palladium being widely
distributed. Together, these metals form a continuous sheet of
mineralisation commonly from surface.
• Cobalt-nickel intercepts include:
o ABR0006, 10 m at 0.12 % Co and 0.74 % Ni from 16.0 m
o ABR0008, 16 m at 0.16 % Co and 0.74 % Ni from 60.0 m
o ABR0009, 10 m at 0.12 % Co and 0.81 % Ni from 34.0 m
o ABR0013, 10 m at 0.21 % Co and 0.75 % Ni from 4.0 m
o ABR0014, 8 m at 0.20 % Co and 0.87 % Ni from 2.0 m
@tinybullstocks@brian$HMI has a large property in Gowganda as well as their Chilton Cobalt and Troilus Lithuium projects in Quebec (which have confirmed cobalt and lithium mineralization respectively.) Pretty for a market-cap of just 1.5 million (only 42 million shares o/s.) #cobalt#lithium#hotpick
@mineralisedhttp://www.asx.com.au/asxpdf/20170620/pdf/43k1czdskfwglr.pdf Extensive drilling and exploration underway at multiple targets, including at a target with potential for Kakula type mineralisation, 5km south of Kakula license. In parallel to this feasibility due in August/September followed by financing/construction for the high grade Kalongwe deposit (13MT 2.7%cu/0.3%co). $10m+ in cash, under $40M mc, seems to be very good value on the core deposit Kalongwe alone. #copper#cobalt$IVN$MOD.ax
@anomalloyTwo offers here. Plus at the beginning of June, FIRST COBALT OPTIONS 50% OF CANADIAN REFINERY WITH COBALT ONE LIMITED
First Cobalt Corp. has entered into an option agreement with Cobalt One Ltd. to enter into a 50/50 joint venture on the Yukon cobalt extraction refinery in Cobalt, Ont. First Cobalt Proposes Friendly Merger with Cobalt One @marketwired/first-cobalt-proposes-friendly-merger-with-cobalt-one$FCC$FTSSF#cobalt
Cobalt One shareholders would own 60% of the merged entity and First Cobalt shareholders would own the remaining 40%
Board of Directors of the merged company to include Cobalt One Chairman Paul Matysek, Cobalt One CEO Jason Bontempo as well as Bob Cross and some or all of the current First Cobalt Board members. #ninjapicks
@ExcelsiorBRIXTON METALS TO SELL ITS NON-CORE MINING CLAIMS IN THE COBALT CAMP, ONTARIO
June 7, 2017 – $BBB Brixton Metals Corporation is pleased to announce that it has entered into an asset purchase and sale agreement with $FCC First Cobalt Corp., to sell 100 percent interest in Brixton’s non-core mineral claims located in the Cobalt Camp, Ontario, Canada. The 22 claims cover approximately 848 hectares. The agreement provides that $FCC First Cobalt will pay $BBB Brixton $325,000 cash.
Chairman and CEO of Brixton, Gary R. Thompson stated, “These non-core claims were not contiguous to Brixton’s Langis or Hudson Bay properties. The divesture of these claims allows Brixton to focus on our wholly owned Langis and Hudson Bay past producing, high-grade #silver - #cobalt mines within the Cobalt Camp.”
#Silver - #Cobalt Project Summary $BBB$BXTMF Brixton Metals
* The Langis Mine (past #producer of high-grade silver) Project is located near Cobalt in eastern #Ontario, 15 km north from Temiskaming shores and 500 km north from Toronto. Highway 65 runs through the property and many secondary roads are established providing year round access. Power, railways, mills, a permitted refinery and assay lab are located in or near the site.
The Langis Project represents unique opportunity to a silver district that has not seen much modern exploration techniques applied. New discovery potential is high and a strong possibility exists to generate mineral resources from extensions to historical workings and new exploration.
The Langis Mine has produced historically over 10.4M oz Ag with a recovered grade of ~25 oz/t Ag from shallow depths and 358,340 lbs of Cobalt. (see #production history)
** The Hudson Bay Mine has produced historically 6.4M oz of Ag at 123 opt silver and 185,570 lbs of Cobalt from 58,000 tons.
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@valcovest.com$csk$fcc#cobalt this deal make perfect sense for $fcc. They have 50% of the only refinery in this area, which can treat high arsenic Co/Ag concentrate . $csk lost out on acquiring the Yukon refinery. All ore/concs in this vicinity will sooner or later have come to the Yukon refinery, as I said, they only game in town. I wouldn't be surprised if more consolidation will occur favouring $fcc.