GREY:ABGPF - Post by User
Comment by
Joseph_Kon Feb 08, 2016 11:02am
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Post# 24535385
RE:Northern Graphite
RE:Northern GraphiteOh SNAP! I just saw ALP hit .105 and now I know why.
philcar wrote: Northern Graphite just released this statement this morning, Alabama needs to RESPOND!
A competitor of the Company, whose CEO is a former executive of Northern, recently released a Preliminary Economic Assessment ("PEA") which is based on a "proprietary low-temperature purification process" claimed as its own. Northern believes there is sufficient information in the PEA to conclude that this process is essentially a copy of the one developed by Northern at considerable time and expense. Northern considers its process to be proprietary intellectual property which is protected as a trade secret and confidential information at common law and through confidentiality agreements which remain in force. Any attempt to use the technology will be met with the appropriate legal response. Reagent consumption and reaction times are very low when the process is used on Northern's concentrates and this may not be the case for others.