GREY:GLKIF - Post by User
Comment by
wasagastaron Jun 08, 2015 3:14pm
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Post# 23808134
RE:RE:Intraday
RE:RE:IntradayI agree with the consolidation in this range. The reason why we don't have volume is because folks are holding for the anticipated news of a resource estimate. If they can show enough resource for a 15 year mine life or something like that, this becomes an excellent opportunity to buy at these very low levels. The bonus of hydrothermal vein graphite, which likely won't be included in the resource estimate at this time, has not been factored into the SP. People, think CCB and the market cap there, we have the same stuff plus we have the large flake graphite, micronization plant, customers wanting product and are willing to off take and fund the startup costs of the resource. We should be at 50 cents.