Looks to be making a recovery after a sell off. Has some good upside if it continues its upwards momentum. I bought in today. Stops in place. DYOR :)
Always appreciate hearing different views if you see something I don't.
Nzuri Copper Limited, formerly Regal Resources Limited, is an Australia-based minerals company. The Company is focused on the identification,...
Remarkable that this cobalt/copper beauty play has been forgotten and undervalued. No excuses for not accumulating at these levels.
•$10m cornerstone investment – Huayou Cobalt
• Kalongwe Stage 1 DMS Project advancing with potential further value uplift from Stage 2
• Aggressive exploration in world-class belt
High-grade copper and cobalt portfolio in...
Nzuri Copper - A Contrarian Accumulation Phase. $NZC has been beaten down through a combination of a proposed DRC mining tax legislation and the recent DOW selloff. However, cobalt and copper demand has not gone away and $NZC is still my preferred holding in this space for 2018. I will be adding to my position at these levels when funds become available.
$NZC has been hot hard through a combination of the possible introduction on new mining taxes in the DRC and the recent DOW sell-off. Support appears to have been found around the 30c mark which may be an ideal entry point for those wanting to accumulate or make an entry.
Another buying opportunity has presented itself to accumulate more NZC. One of the best cobalt plays on the ASX and one that has had little media attention.
This article from Japan really caught my attention last night and demonstrates that cobalt will continue its price increase in 2018...
Yesterday's retrace presents a good opportunity to make a good an initial entry point or accumulate further on this DRC Copper and Copper gem. Recent cobalt results from EUC and BMT further shows that a good copper colbalt plays are usually found in the DRC. NZC is my only cobalt holding at this time.
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