GREY:ABGPF - Post by User
Post by
RazorzEdgeon Oct 02, 2014 11:49pm
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Post# 22994383
Undervalued in relation to peers
Undervalued in relation to peers Alp still has to prove out there new improved resource in the bama property. The old 43-101 needs shoe shining. I believe they will and the valuation will be all the richer for it. I hold GLK and alp. Alp could double to a $40 million valuation upon improved numbers in reportable format. GLK is only at a $5 million valuation and could run to $20 million upon filing there 43-101 in a month or so. These 2 plays fit nicely together. Look at glks last numbers.
over 57-per-cent large flakes (plus-70 mesh or greater than 180 microns) can be produced from that material. In addition, over 45 per cent of the concentrate was classified as jumbo flake (plus-50 mesh or greater than 300 microns). This represents an exceptional size distribution and the potential for a graphite product that typically attracts a premium price based on the size of the flake.
Now we need to see the purity.