GREY:GLKIF - Post by User
Comment by
micromanageron Sep 29, 2014 10:53am
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Post# 22979147
RE:Glk vs Alp
RE:Glk vs AlpBoth companies are similar - good results so far, infrastructure, permitting and location. I own both GLK and ALP but more of ALP at the moment as it has a 43-101. GLK has great promise but still needs to prove out data. ALP has a lot more data and drilling and has started bulk sampling, 43-101 upgrading and a PEA is due to be released in Q1 2015. Both these companies in the graphite space have lower valuations in my opinion then the others in Canada. Thing about ALP is that there is no competition in the continental USA and weather and location and permitting is perfect. If GLK numbers hold out at these levels then they have operational advantages that the others don't have. Remember there won't only be one new graphite mine required for North America - there will be a few. When playing graphite probably safest to keep a portfolio of a few of the best valuations.