Rick Rule Katanga Mining Ltd. KAT-T BUY Jul 31, 2017

The Congo is a very interesting place. There is civil unrest. The place is turning into a potential timber box. Cobalt prices are going up because it is a key ingredient in Lithium Ion batteries. A civil war would disrupt operations in this country.

The “go to” company for existing supplies of cobalt. This is the one metal that is absolutely scarce.

The bad news is that this is located in the Congo, but about 83% is owned by Glencore, which is the good news. They are a company on the gold side that can actually deal in Africa, giving you some hope that they can keep the ownership intact. One of the 2 largest single sources of cobalt globally.

This requires courage in Congo, but if you want to be part of the cobalt trade, your choices are Congo or Russia. Their deposit is one of the best primary cobalt deposits in the world. There are political risks. There are also company balance sheet risks. He likes this, but it is only for people who can take political risks.

The foremost listed quoted viable cobalt stock globally. Utterly controlled by Glencore, who are masters at their trade and own other assets in cobalt, mainly in the Congo. This one has made a big, recent liftoff. They’ve improved processing facilities and have greater capacity. It’s a matter of them knowing how to play the African game.

They announced that they are the only big listed cobalt producer. They have been out of production as they modernize their plant. It will take a year or two to get to their expected higher production. They know how to operate in the Congo. They are 60-70% of world production.

(A Top Pick July 14/17. Up 160%.) The ultimate listed cobalt stock, and always has been. It's in the Congo, and is utterly controlled by Glencore (GLEN-LN). The operational side is in order, and there has been a recent tendency for people to inflate cobalt stocks in general.

He's a founding shareholder. Are you comfortable owning operations in Congo with worsening political and social conditions? This is the best cobalt company in the world.