A New “Dumb and Tiny” Personal Speculation
by Travis Johnson, Stock Gumshoe | October 26, 2016 3:17 pm
Early Friday File: Will we see more stocks benefit from a "battery bubble?"
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Source URL: https://www.stockgumshoe.com/2016/10/a-new-dumb-and-tiny-personal-speculation/
I recently purchased a car battery charger that is a little thicker and longer than my Galaxy 7 android phone. I had a chance to use it to start a neighbor’s car. Guess what, when my neighbor saw that this tiny battery jump start device worked, she asked me to buy her one.
Now by coincidence to Travis Johnson ‘battery bubble’ note, the device uses COBALT, This speaks directly to battery power generation, which is a function of ENERGY DENSITY.
Travis, just like your Stock Gumshoe site is ahead of the game, your blurb on Cobalt is good info for your readers.
Travis, I have invested in Nano One Materials, NNO.V where one of their prime technologies is to reduce or eliminate the cobalt component of lithium batteries. They are scaling up a test factory now in BC. I find their thesis an interesting speculation also.
There is also another company Biosolar Corp $BSRC is developing Polymer electrodes for lithium batteries. I’ve emailed them to see how they are going to impact cobalt in LI-ion battery.
I looked at Nano One website and saw no mention of elimination. There mission seems to be making nano material out of the battery material then creating and drying the component. Could you provide a link to your source.
Travis I’ve had $ECSIF on my mind lately too since they filed those ‘Shelf’ shares.
I was up about 30% since August until that shelf announcement and then went down about 20%.. They appear to be coming back swiftly the last 2 or 3 days they are up about 10%.
A few additional details. Correct they have all the major pieces for Mill stored locally to the mine. What they haven’t started is the refining plant which will be local also. There has already been a ‘bankable feasibility study’ done for metals industry i.e. turbine blades and such, but the data is considered old. Their ‘Non-core Assets’ might also be of some interests as they have, Gold, Silver, Copper, and Uranium in those projects. same link as previous posted look at the bottom of projects;
http://www.ecobalt.com/project/overview
There was an article posted on SA by Matt Bohlsen on cobalt miners that could boom. IIRC it doesn’t include any of the Democratic Republic of Congo miners since the author thought the DRC unstable. link below;
http://seekingalpha.com/article/3970111-cobalt-miners-set-boom
An interesting company that came up in one of my google searches is Cruz Capital Corp (TSXV:CUZ, BKTPD—USA, A2AG5M–Germany). They seem to be the Cobalt version of First Mining Financial s. They are convinced that there is going to be a shortage of Cobalt and buying up cobalt projects before tomorrow gets here. One of the projects that they have bought is also in Idaho, so how much cobalt is in Idaho, and where is it going be refined. Here is a link to the Cruz projects;
http://cruzcapitalcorp.com/category/news/
and I believe this is the link that popped up in the search;
http://investingnews.com/company-profiles/cruz-capital-corp/
Elon Musk from the start has said the the Lithium Battery Factory was going to source it’s material from North America. as per this link;
http://insideevs.com/tesla-use-north-american-resources-planned-gigafactory/
In my recent searches though I ran across a news item to the effect that Elon Musk was going to discontinue sourcing Cobalt from the Philippines and source from North America. I couldn’t back track and find that quote again.
This information is for your DD and not a recommendation to buy. long $ECSIF
btw Travis did you look at $ECSIF financial?
Musk says a lot about local sourcing, but I doubt he’ll end up doing much of that over the next few years.
I didn’t scour through the financials, they have sunk millions into the project and the real question is what kind of terms they can get for financing after the feasibility study comes out next year — and what the firm they hired thinks is the annual cash flow potential at current cobalt prices. Until we know that it’s just a story, which is what I’m speculating on… though it is certainly far more real than the juniors.
The land bank idea for cobalt seems awfully risky to me — there’s not much history of primary cobalt mines being built, and the price is very much tied to steel and copper demand, so I don’t know what might happen to the price beyond these inflection points, like we might see with batteries if the DRC production becomes socially unacceptable just as battery demand increases.
I took Elons’ statement as having to do with the political situation in the Philippines.
There doesn’t seem to be many miners and particularly primary miners of Cobalt which will make it interesting to watch. The mines in the Congo may have a tough go of it considering this article in the Washington Post.
`https://www.washingtonpost.com/graphics/business/batteries/congo-cobalt-mining-for-lithium-ion-battery/
I agree the Cobalt ‘Land Bank’ is risky. I was surprised to see their MC less than a 25% of eCobalt, but their SP a bit more.
In took a good look at the ‘Land Bank’ website today. There is little or no information that they have a plan. There is little or no information as to what they paid for their assets, how much Cobalt is on the properties, or where they are located. Very risky
Travis, a bit off topic here, but this could effect many different small stocks: I’ve just learned that one of my largest holdings, $CLIR, was selected by the SEC for some type of experimental program that restricts buying shares, but not selling shares on certain “thinly traded” stocks. This seems absurd and patently unfair as the common Joe or Jane investor who has an account can easily execute a Sell order within seconds, but needs to phone a broker to execute a Buy order. Can you find out more about this situation and tell me how to launch a complaint or grievance against the SEC on this issue? I’ve asked the same thing on the ARTH thread and the latest KSS thread.
This seems like a “rigged system” designed to drive down the share price of any selected stocks.
Travis it’s probably boom or bust Musk and therefore Li batteries. Cheap oil will hamper any uptake in electrical cars – unless they are competitive with conventional technology. So of one believes that oil will go up and increase demand for elect cars; then on the flip side there is more opportunity in a stock like ORIG.
Your upfront honesty and candor is unique; kudos are yours. After a rudimentary pricing chart check on my part, I decided not to invest, which is an
almost certain recipe for future regret. Will keep track of the cudda been profits.
In Mark Faber’s most recent Gloom Boom Doom report he offers a guest report by an investment advisor who argues that Cobalt is headed higher.
Travis,
As you noted there are many ways to “skin a cat” and one that we haven’t heard much about is the reclamation of lithium and cobalt from the many millions of spent lithium/cobalt batteries that currently are being melted and, for the most part, losing much of the lithium and cobalt assets.
American Manganese, Inc. (AMY.V) in conjunction with Kemetco Research Inc., a highly regarded Canadian research outfit, has developed a patented closed loop electrolytic recycling process that can recover these vital battery elements.
On November 30, 2016, it presented its results at the NAAT Batt International Conference held in Ann Arbor, Michigan. The results that were reported suggest that American Manganese is onto something that is BIG!
Take a look at it and judge for yourself. If you wish to dig deeper AMY’s web site is: http://www.americanmanganeseinc.com or contact Larry Reaugh, President and CEO at lreaugh@amymn.com. His telephone number is:(778) 574-4444.
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$AMY.V no position – Reposted to http://www.stockgumshoe.com/2016/07/microblog-storage-of-electricity-batteries-big-image/comment-page-2/#comment-4911285 #THankYOU Steveaxe and welcome to the Irregulars #Gummumnity! 🙂 #Best2YOU&all ~ Ben