GREY:ABGPF - Post by User
Comment by
murraypezim1on Sep 14, 2015 8:19am
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Post# 24100852
RE:Positive note from Fabrice Taylor last night
RE:Positive note from Fabrice Taylor last nightI continue to believe Alabama has a good chance of becoming a mine. It has on of the best graphite mining teams at both the management and board levels and an excellent deposit that, while lower grade, has so many advantages over the higher grade northern deposits as to make it the front runner. This includes weather, jurisdiction, metallurgy and costs. Alabamas graphite is at surface, so there is no underground or open pit mine to start with. Its just a matter of getting machines to scoop it up and put it in a mill. Since Don Baxter left Focus to join us at Alabama the market cap of Focus is down 50% while Alabamas is up about 10% (and about 70% in the past month or so). These kinds of stocks can drift lower on little volume but they can also explode on big volume, which is far more meaningful. A lot of ALP stock has changed hands in the past three weeks, which cleans up the market, getting rid of sellers and bringing in believers. If us believers are correct, the stock could surge on good news, which I expect, including a favourable PEA and possibly graphene. Expect graphene and graphite to be very hot areas going forward. N.B: I never did get down to Alabama because the professor who was consulting ALP on graphene has left the University of Alabama for another job, although I understand he is still willing and eager to help ALP out and that his new job may put him in a better position to do so.