Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.

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Great Lakes Graphite Inc

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Comment by OrsonModestoon Feb 09, 2016 10:34pm

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Post# 24542367

RE:I'm thinking we'll get an update very soon!

Here is Tommy's follow up comments on ceo.ca after his conversation with GLK:

 	"Spoke to a small would-be #graphite producer today some of you will know, Great Lakes Graphite $GLK. They leased a micronizarion mill near Timmins (subject to a royalty and minimums) https://www.greatlakesgraphite.com/properties/matheson/ and say it could be turned on in the next couple of weeks. There's 20 tonnes of material on site imported from Brazil and more on the way. They think they can make roughly $700-2000 per ton markup. There's some debt and a 8% gross royalty to some early backers, which is steep. Not much cash in the bank so this launch will need to go smooth. Exciting times for them nonetheless. They would like to use cash flow to advance a graphite property they have in Quebec and or other acquisitions. All figures approx and from memory."