Post by
ElliotFT on Feb 22, 2018 4:07pm
NEWS OUT!
Great Lakes Graphite Signs Term Sheet and Partners with Saint Jean Carbon to Sell the Lochaber Graphite Deposit and Collaborate
on Battery Grade Chemistries
Comment by
Luckierjack on Feb 22, 2018 4:24pm
They sold the property for about $500,000 if it all gets paid. Another writeoff for $1,950,000 coming. Ugh. And now what do they do with the unspent flow through? Makes one think. Hmmmmm!!!!!
Comment by
keeptryingok on Feb 22, 2018 4:53pm
Hmmm is right. Hopefully Mr. Todd Jorn provides us with some news as well. Thought this thing was about to get rolling. May we see better deals down the road. cheers
Comment by
Floridas2000 on Feb 22, 2018 5:29pm
I don't get it. SJL is a little bit on the sham side so I am not sure why they would partner with them. It is a cash infusion I guess and it might resolve the flow through shares actually but i would have to look into that. But I probably won't. Hopefully more news comes out in the next few weeks to put things in context.
Comment by
Sage4Puck on Feb 22, 2018 5:45pm
What a lousey move indeed.
Comment by
WatchLearnEarn on Feb 23, 2018 2:10am
Taking bets on whether they actually sign this presumed partnership agreement. It's probably 10:1 odds against it ever happening.... it having only been "agreed in principal." What the hell does that even mean? That has to be a lower ranking and less meaningful "agreement announcement" than even a LOI, which is almost always a sham.
Comment by
Dadou on Feb 22, 2018 6:38pm
Deal with SJL... I'm not sure to. I can't wait the market's react tomorrow (friday) to this curious News. Dadou
Comment by
realistic25 on Feb 22, 2018 11:37pm
I agree with you. Paul Ogilvie is not credible at all. See wath he had done with SJL, in pass year. Look on the forum StockHouse. SJL. I'm very deapointed for Great Lake Graphite.