Friday File: “Green California Goes Dark” CO-27 pitch, plus Portfolio Updates

Checking out some teased cobalt ideas, plus updates on Delphi, Lending Club, Shopify and more...

By Travis Johnson, Stock Gumshoe, October 6, 2017

The latest ad for The Casey Report caught my eye this week, partly because I thought they might be following in teasing eCobalt (ECSI)… but it turns out that’s not the case, this pitch from E.B. Tucker about the next cobalt bull market being driven by lithium-ion battery demand is all about two other cobalt companies.

So let’s see what they are, shall we? If you’re new to this story, the short intro on cobalt is that demand is surging and expected to grow substantially in the next few years as battery demand rises, and the price has been rising as a result. Cobalt is one of the major ingredients in a lithium ion battery (along with lithium and graphite, both of which are far less rare than cobalt), and, as we are all quite aware by now, Elon Musk’s Gigafactory and the dozens of other large battery production plants are sucking up those raw materials lik