Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.

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Great Lakes Graphite Inc > Negative equity

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Comment by ElliotFTon Jul 05, 2018 11:37am

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Post# 28272575

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Negative equity

BueBoy wrote: I can understand the point Lucierjack is making here and he is right but accountants differ from investors. That is why Floridas summary is bang on. Investors look at potential rather than the present. The current debt position is not great at that is why the stock is at 5c. Investors see this an as opportunity, accountants as a concern. I like everyone am holding on for news. I find it frustrating that Paul Ferguson posted some weeks ago that news was imminent (although delayed by the regulators following the change in business model from miners to processors) and yet weeks later we are still waiting. Also we are still waiting for a Board replacement. That has been the way with the Pauls - they often don't help themselves in investor relations by promising and not delivering. It's not helping GLK, or keeping existing investors onside nor does it encourage potential new investors.

They can't release any supply agreement news before the special shareholders meeting. This meeting will probably be in September so this is your chance to keep buying until then.

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