The Coming Cobalt Crunch - Smart Trading
  • 17 years ago
With the commodities super cycle in full swing, cobalt prices have more than doubled in a year, with prices passing $32 per pound. This incredible growth is due to rapid demand growth especially in the Asian economies. China's share of world cobalt consumption alone has increased from 3 percent in 1997 to 20 percent in 2006. In this TFN Smart Trading Action Alert, host Laura Cadden looks at rising demand and supply shortages for cobalt. Her guest, Andrew Mickey, points out recent developments that could propel a select mining microcap to new price records.If the integrated link within the video doesn't work on this viewer, click on this link or paste it into your browser: http://www.isecureonline.com/reports/SCC/WSCCH306/