Great Lakes Graphite Inc GLKIF

RE:RE:RE:Failed MOU’s, Failed orders, disappearing Credit Facilities

[Floridas2000]

That's good, we need more mining up north not less.  It would be a good boost to the local economy.  Glad to hear you guys are doing well.

Yeah I bought DNI at 4 cents and sold some at 13 cents to get my money back.  You are right, they have a clearer path to production than other JVs.    GLK has the most potential to make money but it's more complicated.  DNI is dig and sell with min. milling.  That board is horrible now - too bad.  DNI will keep going up though.

I did call around a bit because you brought up some good points.  GLK is in good terms with all the companies that they have MOUs with but there is a a problem.  No business.  So they're waiting until the business finalizes.  Shamokin is good with GLK but they don't have large orders to fill.  Same with some others.  So you're right the MOUs don't mean anything until they get larger orders.  Maybe it's a chicken and egg thing - need MOUs to get the clients to buy but you need the clients to buy to finalize the MOUs.

Well lets see what happens at the meeting because they still have the non-flow shares to  fix.  Forgot about that.  If they pull it off algonquin, they have no competition.  Talk to you later.