GREY:ABGPF - Post by User
Comment by
micromanageron Sep 13, 2015 4:31pm
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Post# 24100208
RE:RE:RE:Graphite Industry Update: Newcomers Outshine The Old Guard
RE:RE:RE:Graphite Industry Update: Newcomers Outshine The Old GuardDocFouad once again excellent post really great to see real and helpful information and insight on this ALP board. I don't really agree with Ben on most of his critisms as I believe Don with Jean and Daniel is by far the best team for a junior graphite company at this stage. If you follow Ben's history, his hate on Don may be because he invested and told people to invest in Focus previously and lost money. Focus' failure is far more related to Gary Economo and his extravagent spending and "focus" on graphoid and its lack of controls by the board - the fact Ben blames Don for that doesn't really make sense to me. Only truth I see with what Ben says is the lack of 1) Ron's ability to reply to investors which we know of from the past and why Don is a big plus and this is now corrected 2) institutional ownership (although these days what does that mean - Energizer actually has the most institutional ownership of any junior graphite on the TSXV and the stock is trading at $0.05 with them scrambling to try to raise $1 million - however definetely would like to see some institutional buying in ALP don't think it would hurt and 3) insider buying - the ALP team has to do more although they are probably in a blackout period considering imminent material news like battery testing results and PEA is expected in a couple weeks as per previous news releases.
Again thanks for the great work Doc!