Cobalt is Rick Mills’ Favorite Strategic Metal

In an interview with The Mining Report, Rick Mills, owner and host of AheadoftheHerd.com, pointed to cobalt as the strategic metal he’s most interested in at the moment. He also identified Global Cobalt Corp. (TSXV:GCO) as a cobalt company he likes.

As quoted in the market news:

RM: Global Cobalt Corp. (GCO:TSX.V), which will complete the resource report for its Karakul cobalt project. It is going to come up with an NI-43-101-complaint resource estimate that the Western media is going to accept. That’s pretty exciting. I think we’re going to see an upward revision in its share price now.

TMR: It’s quite rare to hear about a Canadian mining company operating in Russia.

RM: It’s special, all right. It’s actually in the Altai Republic, which is about as far from Moscow as your big toe is from your heart. Global Cobalt has the full cooperation of the Republic’s government. The World Bank is in there. It has Chinese backing, and the Japanese are there, too: Panasonic. China is signing the offtake agreements for this. There are not a lot of companies in China or Russia I would invest in, but this is certainly one of them.

Click here to read the full interview from The Mining Report.