Alabama Graphite Corp. Com ABGPF

RE:RE:Question for the board

[micromanager]

1st rule is correct. Nome Alaska, which is 80 miles south of the GPH deposit which has milder weather than its deposit, YET ITS snowing in Nome Alaska today according to weather forecast which says a lot!

I did extensive DD on GPH as I'm interested in any graphite junior that might supply Tesla.  GPH has a very large deposit that seems to be good quality but has still a lot to prove - like indicated and proven reserves, metallurgy and commercial scale purity testing and a PEA.  However GPH announced earlier this year it was not going to complete a previously announced PEA for really unknown reasons.  In the mining game the PEA and EA milestones to me are the most important legitimate steps to develop realistic economies for a potential mine site.  It's also to help investors get a better sense of possible economics of junior miners as opposed to just getting given the old pump and dump.  GPH was totally broke until it completed a $1.5 million raise a month ago, however rumours are a big chunck of it was promoter kickback funds so most of that won't be spent in the ground its being spent on stock promo.  If this is true then by the time they unveil their q1 4 weeks after the audited fs, there won't be much cash left in the bank and no work will happen on the ground between December and April. 

Tesla won't only pick one graphite company to work with.  If I"m to guess they will use a few supply sources.  Once they give an offtake to Alabama then they fill their made in USA supply quota and they can source the rest anywhere else.  So I would say Mason is still in the running.