Global Energy Metals Corporation (TSXV:GEMC) is a key player in the world of cobalt, with not one but two properties where the cobalt mineralization would be the biggest revenue producer. Stockhouse featured the Company, highlighting that, “There are very few pure play cobalt companies that offer the exposure GEMC does to such advanced primary cobalt projects.”
As quoted in the article:
Global Energy’s projects are not solely dependent on the prices of other metals for their economic viability. The higher/faster the price of cobalt rises, the greater the economic potential for Werner Lake and Millennium. This makes GEMC a true “cobalt mining company” – one of the few in the world. Management remains on the hunt for additional cobalt-rich assets, to enhance the Company’s position as a future source for cobalt.
Perhaps the most surprising aspect of the Company’s operations is its tiny market cap. Despite having two primary cobalt projects among its assets (in stable jurisdictions), GEMC has a present market cap just above $4 million. Global Energy is “unique” not only in terms of the quality of its cobalt assets, but it also ranks as the cheapest junior cobalt miner on the market today.
Read more at http://www.stockhouse.com/news/newswire/2017/08/08/the-canadian-junior-putting-%E2%80%9Ccobalt%E2%80%9D-cobalt-mining#8izU1Lg5WQ8YGXFt.99