GREY:ABGPF - Post by User
Comment by
vessobon Jul 03, 2016 5:59pm
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Post# 25018178
RE:Funding and info going forward
RE:Funding and info going forwardcoastal1 ... I'd like to believe your primary hypothesis is correct ... i.e that ALP's $500,000 raise was minimal in order to buy time since deal(s) were imminent ... I like the fact that CEO Baxter picked up $100,000 worth of shares ... no one likes to loose money ... that he put his own money down is a vote of confidence ... similarly I love that Ann Marie Pamplin continues to purchase stock when she can ... that is a wonderful vote of confidence in the future ... I like the fact that they are not too promotional ... the "graphene" press release under Ron Roda injured ALP's credibility and set us back significantly ... Northern Graphite's threat of a lawsuit was nothing but bravado however and I trust the Stock Exchange authorities penalize Northern for their press release with a significant "fine".
Here what I am hoping happens between now and Christmas:
- U.S. Department of Defense (DOD) finds ALP's samples adequate and deems ALP meets their new ssustainability objectives and is supported in keeping with the American military's objective of minimizing the strategic rare earth/graphite vulknerablility
- Johnson Controls enters into an offtake agreement with ALP (as per east4west's prescient observation)
- Syrah Resources makes a takeover bid
Go ALP.