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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based junior exploration company that is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia. The Company is focused on supplying graphite. The Company’s projects include Buckingham Graphite property, Aukam Graphite Project, Capim Grosso, and Jacobina & Igrapiuna Graphite Projects. The Buckingham Graphite property covers approximately 480 hectares in eight claim blocks and is located seven kilometers (km) northwest of Buckingham, Quebec, Canada. The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property is comprised of exclusive prospecting licenses (EPL) 3895, EPL 6710, EPL 7512 and EPL 7513 that cover an area of 141,600 hectares in the Karas region of southern Namibia. Capim Grosso is situated at the center east portion of the Bahia province, approximately 280 km from the port of Salvador, at the province capital, and 166km from Feira de Santana.


TSXV:GRAT - Post by User

Bullboard Posts
Comment by Foxbat143on Sep 19, 2018 5:05am
51 Views
Post# 28644527

RE:RE:I actually agree with Zool on this point

RE:RE:I actually agree with Zool on this pointElguyu7 happy I entertained you.  The real question is who would have the last LOL?  I hold no ill wishes for anyone who invested in the Dream called Gratomic.  I truly believe that those who don't take heed will lose money.  In part the problem lies with greed and the desire to make easy money.  However, those who invested in Cannabis actually are living the dream.  If you want some Cannabis plays let me know.  There is looming doom with US trade with China, the EU and Canada.  I believe that all the above are going to get hurt one way or the other.

The biggest loser, in my opinion is going to be China.  You know their initiative regarding Oil for Gold back Yan was a huge misstep by the BRICS countries.  Apparently the US is going to address this initiative with a series of tarrifs and that is going to have a major impact on world markets.  We truly are in dangerous times.

Gratomic, I am not sure about.  The problem here is about cash flow.  After that 25M Private Placement Offering at 0.10$ I think that they were banking on eventually ( sooner rather than later) exercising the outstanding Warrants.  Listen to this.  If those Warrants are not exercised it is back to the market for another Private Placement Offering.  Now this is going to pose a problem if the share price does not gain some altitude.  I mean a very big problem.  Who will invest and at what prices and with how many new Warrants?

The Aukam mine needs money.  Get the picture?
Bullboard Posts