TSXV:GEM - Post Discussion
Post by
Mark48 on Apr 18, 2024 7:06am
Here’s Why I Like GEM
They have a good 43-101 resource and their properties are only 10% drilled. At 100% drilled how big would GEM's graphite resource be? Could it 10x? When you consider the deposit their neighbor NMG has, for me it is realistic that GEM could have 10 times their current 43-101.
GEM's high grade graphite starts at surface. These two attributes are huge cost savers which make their deposits more profitable and therefore more feasible.
When I look at the demand for their graphite I think it will be very high due to the evolving EV market. Of course this market is having hiccups as it evolves and still has a ton of infrastructure to build out. There is hundreds of billions being spent currently so I don't see this flattening out or going away. That's my view and I respect others don't see it like that.
When I look at the price of graphite used for anodes do I think it will increase? Yes I do. For one inflation is having an affect on everything. Plus there are forecast shortages in times of surging demand. If prices doubled 4 or 5 years from now it would not surprise me at all.
When I take estimated resource size and factor the high grade percentage of GEM's graphite with future price estimates I get a very, very large number which shows me GEM's potential. Also this tells me GEM doesn't need anything else so potential value added with graphene and or lithium are really just great bonuses.
Now coming back down to earth this is a 3 cent stock and it will be up to management to make the moves and get the deals done to advance GEM.
Be the first to comment on this post