GREY:ABGPF - Post by User
Post by
shakerman640on Apr 06, 2015 3:07pm
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Post# 23601296
Peter Clausi follow-ups on Alabama Graphite Corporation
Peter Clausi follow-ups on Alabama Graphite Corporationhttps://investorintel.com/graphite-graphene-intel/clausi-follow-ups-on-rumours-news-and-guesses/
March 24, 2015
Alabama Graphite. AG recently announced it had found naturally occurring graphene on its Coosa graphite property in Alabama. That announcement was poorly handled by management which probably muted the market response, but even so the shares popped from around 20 cents to the low 30’s on high volume, before settling to around 22 as of today.
The news, though, is staggering in its implications. If a cheap natural source of graphene can be found and easily processed, the applications are almost endless. I’m a bit surprised there has been no follow-up news from the company to take advantage of the market paying attention.
My guess is management is working through issues with IIROC and the regulators as to the mishandling of the press release, and is working through a long list of non-disclosure agreements with scientific bodies around the world. Keep an eye on AG for the science. As with every evolving company, there will have to be changes to the board and management team to adapt to the next phase of the company’s success.