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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.


GREY:GLKIF - Post by User

Bullboard Posts
Comment by Rechnerhandon Apr 25, 2017 2:03pm
120 Views
Post# 26163769

RE:RE:RE:RE:RE:Northfil looking for new tenants for Matheson plant

RE:RE:RE:RE:RE:Northfil looking for new tenants for Matheson plantThat is not directly something you have to pay TODAY like I asked for.
Last report provided almost the same amount of restricted cash.
You read last report and definetly also read companies acctivities to prepare financing.
" ... Company will need to raise sufficient funds in order to finance ongoing exploration and administrative expenses...."

Is there someting surprising for you then you didn't understand the risk/reward level here.
High risk - high reward
GLK has no reliable revenue stream as of today and is exploring its Lochaber project. Everthing GLK is doing needs money and from my understanding you'll just be able to collect money from investors when you're in a hurry and present a product vision like its a religion. Further helpful items are network, beginning of a footprint and first customers accompanied by quality products and 3rd party approvals.
JMO

Bullboard Posts