NIA is excited to announce its #1 Cobalt Stock Suggestion for 2017: Scientific Metals Corp (TSXV: STM)! Read this alert to learn why cobalt prices are exploding faster than any other commodity in the world. NIA believes STM could be set to double or triple in value in the upcoming weeks from its current price of $0.60 per share.
For the past 2-3 weeks, NIA has been searching non-stop for a HUGE cobalt play, and has researched nearly every cobalt miner/explorer in existance. The cobalt market today is facing what is by far the most severe shortage out of all commodities. Like lithium, cobalt isn’t a commodity that gets covered on a daily basis by the mainstream media, but prices are currently breaking out in a way that reminds us of silver in 2011 when it shot up from $20 per oz to $50 per oz within months – allowing NIA members to gain 500%-1,000% on multiple NIA silver mining stock suggestions.
Exactly one year ago, lithium was the #1 best performing commodity soaring 22.23% in the first three months of 2016 for a total twelve month gain of 130.41%. NIA predicted that lithium stocks were about to make the largest gains in the market, due to soaring lithium prices and in anticipation of Tesla’s grand opening of their lithium ion battery Gigafactory in Reno, NV. On March 24, 2016, NIA announced Lithium-X (TSXV: LIX) at $0.97 as its #1 lithium stock suggestion for 2016 and on April 15th LIX reached a high of $2.85 per share for an enormous gain of 193.8% in less than one month!
Although many millions of dollars were invested last year into lithium exploration/mining, the investment community completely ignored/forgot about cobalt, a raw material that Tesla needs just as much as lithium in every single battery!
When lithium was up 130.41% year-over-year at this time last year, cobalt was down 16.4% year-over-year and very little money went into developing primary cobalt mines. For the full year of 2016, global lithium mine production increased 11.11% from 2015 vs. global cobalt mine production declining 2.38% from 2015. 97% of cobalt production comes as a byproduct of copper and nickel production. At this time last year, copper and nickel were down 19.8% and 32.2% year-over-year, respectively.
With Tesla’s Gigafactory beginning to ramp up production and demand for cobalt exploding while production of cobalt declines – a massive global cobalt shortage has been developing in recent weeks! After bottoming in February 2016 at a multi-decade low of $21,750 per metric tonne and bouncing 50.57% to finish 2016 at $32,750 per metric tonne – cobalt prices in 2017 year-to-date have exploded higher by 64.89% to a new multi-decade high of $54,000! Cobalt is now up 148.3% from its February 2016 low, making it by far the world’s largest gaining commodity during this time period – although very few investors are even aware of it yet!
NIA’s #1 Cobalt Stock Suggestion for 2017 is Scientific Metals Corp (TSXV: STM), currently $0.60 per share. We predict that STM is about to explode higher by 100%-200% over the next 30-60 days. Start your research on STM immediately. NIA’s President will be sharing his research on STM later today!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by STM $40,000 cash for a two-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.