GREY:BNCIF - Post by User
Post by
GUNSSon May 02, 2014 12:51pm
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Post# 22518205
Use Your Heads People....
Use Your Heads People....I would not be selling at today's levels. Look at Flinders Resources, FDR.v. That company has a US$ 40 million basic (not fully-diluted) market cap and an NPV(8%) on its project in Sweden of US$ 26.7 million. I've researched this company. It's the real deal. Flinders will be in commercial production of flake graphite within 3 months.
Big North Graphite could be in production of flake graphite in say 18 months. Therefore, Big North is about 12-15 months behind Flinders, (and years ahead of almost every other graphite junior on the planet). Yet, what's Big North's market cap? Something like 10%-15% that of Flinders'.....
Big North could easily be in producton ahead of Mason Graphite, Focus Graphite, Energizer Resources, Northern Graphite, Alabama Graphite. All the industry talks about lately is Tesla and batteries, well being first into production trumps all other factors.
Big North's market cap is a small fraction of most of the names mentioned above.