RE:RE:RE:10 + bagger
Why this stock is good. Lump graphite vs flake...Lump is a rare commodity in a limited supply of graphite. Graphite has been depressed over the last few years....however in the battery/graphene world it is just starting to explode, a major component of batteries, that will not change, and graphene is really a wonder material whose use has yet to be determined. Most lump graphite comes from Sri Lanka, and they have been the majority source and diminishing. Lump graphite is mostly pure, requires little effort to purify, and pure graphite is the only grade for batteries and graphene. So Grat is well ahead of the game. Flake graphite requires a lot of energy to purify and the cost per tonne goes waaay up. Note Grat has interests in Quebec and has been developing Canadian sources of graphite as well. So between this plant, sales, the high grade of graphite and the ever increasing demand...I projected in 2016 that rare metals, electrolytes (i.e. lithium) and graphite would explode in value...Abermarle is up 67% since I purchased....Bancora too....Grat up 175%....that being said I want to see steady growth...with sales and a working mine....the tonnes of resource already extracted from the gold mine is nice, but running mines are nicer....so...patiently waiting....revenue is still the number one issue, blockchain is a distraction and a pet project of Inwentash....thus far that short term hype gutted sx and idk....which is why announcing investments in blockchain before revenue is a bit annoying...been waiting 2 years could stand to wait longer but for that I am looking to a public announcement of revenue...money in the accounts and no more freebees of shares.....i paid for mine. Should the sp rise, bashers will appear and it will become vunerable to the shorters....but with real revenues and long term investment timing the market will be irrelevant.