| 23.01.2009 - Has the cobalt price hit bottom? |
| From Resourceinvestor.com: Analyst calls for $8 cobalt - Supply Destruction in Congo Continues. Market tops and market bottoms are often made by egregious analyst calls. Remember when Goldman Sachs said oil was going to $200 last year? That was the top. Well, that has me thinking that BMO Nesbitt Burns in Canada may have set the bottom for cobalt, calling for a long-term price of $8 per pound in a January 2009 review..... Full Article: Source |