MARKET HASN'T REALIZED MLS COBALT.
Case 1: E2E.
Two days ago E2E Ann. related to E2e's cobalt project with 2 main points:
1. Acquired Cobalt in Nevada.
2. The cost of acquire to date has been regulatory cost and travel costs for Geologists (estimates under US$15,000).
DOB's initial budget for exploration is US$50,000 which includes Mapping, Sampling, Assaying.
E2e SP from 0.9c hit 2.2c.
@ MLS'S Lac Le Marcheur Cobalt Project in Canada:
1. Confirm the presence of Cobalt mineralization.
2. Broader mapping , prospecting of historic Copper-Cobalt, Nickel-Cobalt shows, historic exploration pits was completed.
3. Sample historical result identified cobalt mineralization of 0.18% cobalt, 0.23% copper, 0.34% nickel.
4. Assaying result from sample 128478 returned : 2,360 PPM Cobalt , 2,700 ppm Copper, 1,790 ppm Nickel. (select chip sample) ......
MARKET SHOULD REALIZE THIS.
Case 2: WFE.
Today WFE cobalt Ann.
SP from 0.6c to 1.7 c up 183.3%.
Key point: WFE engages Airguide International as its Strategic Advisor .
This involves end user off-take , funding..
@ MLS did mention negotiations with end user , COBALT acquisition... in few months ago report. MLS 's BOD been working hard on this. Waiting for the news.
Good results might see MLS SP, like WFE or better, 250% up. Times come, anything can happen.
MARKET SHOULD REALIZE THIS.
Cheers.
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MARKET HASN'T REALIZED MLS COBALT. Case 1: E2E. Two days ago E2E...
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