Issue 21 – Cobalt 27 is Streaming Away

On May 22, 2018 Cobalt 27 Capital Corp. (TSX: KBLT) announced a transformational streaming deal. Prior to this deal, KBLT was strictly a hoarder of physical cobalt. The company always had the ambition to invest in cobalt streams. However, cobalt is a rare commodity and most of its production, approximately 65%, comes from the Democratic Republic Congo (DRC). This is not a great jurisdiction for miners. With the Electric Vehicle (EV) revolution, demand for cobalt has risen to the point where there is a cobalt shortage. The majority (99%) of cobalt is mined as a by-product. This makes it difficult for capital to be allocated purely into cobalt. Hence why KBLT is so interesting as a long-term investment.

Continue Reading in PDF

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.