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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Metals & Mining Graphite
Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.


TSXV:GRAT - Post by User

Gratomic Inc
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Comment by gump132on Jul 28, 2014 10:54am
157 Views
Post# 22787037

RE:RE:RE:RE:here it is

RE:RE:RE:RE:here it is
Johnny881 wrote:
So Mulloy came up dry but Bucky has some potential. PRoblem is this does not get the stock to 5 cents. PP's have to be done at no less than 5 cents so it looks to me the next nr could be regarding a necessary rollback to do financing.


I'm with Johnny on this one. Mulloy had nothing which we all suspected but a bunch of people here were talking about gold and hydrothermal graphite which made no sense. The excitement was based on nothing but a spike in volume and people reading into it too much.

Bucky sounds ok, not amazing though. 95% purity is not very impressive and is not worth much. If they can get the purity up to 99%+ than it might be good.

Not buying back in, this is going to sink back to $0.01 and the company is out of cash. They need money. How will they get it? Rollback or PP at a premium to market price (best case scenario)?
Bullboard Posts
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