Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Floridas2000on Jul 04, 2018 5:08pm
53 Views
Post# 28269363

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Negative equity

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Negative equityThen why are you so stubborn?  I mean yes they have debt but that's not the only metric in which to judge a company.  I think you know more than to think that way.

Give me a junior graphite in a better situation.  Answer the points I made, especially pertaining to the graphite field.  Respond to me intellectually in that format - that's what i want in a fair conversation.  You know how much debt Amazon and Tesla are in?  You're looking at past debt, I am looking at future potential revenue.  I am not auditing their books, have you ever audit the books of a small cap company leveraging debt?  You must've, oh my goodness it's so messy.  When Tesla first went public their books were gross.  Their debt to equity was so obscene.  Off those numbers who would by that $20 stock, incredibly expensive.  I'm not saying Novocarbon is Tesla but I AM saying their future vision is what is worth investing in.  They're survivors and when you have survivors running a company you want to back them.  But that decision should come after due diligence.  Real due diligence.  Talking to management.  Knowing about their business.  Understanding their clients and the future of what they're selling.  Talking to educated people about the pros AND cons.  Reaching a decision and sticking with it.  It goes beyond looking at an income statement and saying debt = bad.  How are they going to survive?  They said the same about Bezos, Zukerberg, Musk et al. (Not that I'm comparing)

I don't need luck on my investment but I appreciate it.  I've done my due diligence.  I understand your point and I will get more information about the lack of revenue.  Time will reveal all.  Bye...

Oh and good luck in your investing as well.
<< Previous
Bullboard Posts
Next >>