$SCTFF #6 Cobalt Prices To Rocket As Tesla And App
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http://oilprice.com/Energy/Energy-General/Cob...plies.html
here’s a new metal in town, and it’s bigger than lithium—and hotter than any other commodity on the market right now.
Supply is fantastically tight and set to get phenomenally tighter.
#4 The Legend Continues with Billion-Dollar Homerun Management
If you haven’t heard of Wayne Tisdale—Scientific Metals’ CEO—then now is the time to get familiar with this legendary figure. Tisdale and his team at Intrepid Financial have in recent years created $2.7 billion in value by building and financing 5 companies in completely different industries—and one of them was a homerun hit in lithium.
Take a look at their successes:
• Rainy River (gold) was worth $1.2 billion at its peak
• Xemplar (uranium) hit $1 billion at its peak
• Ryland Oil (oil and gas) sold for $114 million
• Webtech Wireless (tech) was worth $300 million at peak
• Pure Energy (lithium) is worth $65 million (and counting)
When Tisdale helped start Pure Energy in 2012 it was another strategic move: The price of lithium was only around $5,000 per tonne, and it’s since spiked 450 percent.
The game plan of Tisdale’s success is simple and savvy: Find the industry trends and get in early by acquiring, developing and financing the right assets at the right time—and put in place a world-class team to bring it across the finish line.
So far, so good. They’ve been spot on five times in a row, and cobalt is their next big bet.