GREY:GLKIF - Post by User
Comment by
Floridas2000on Sep 03, 2018 1:20pm
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Post# 28556150
RE:my oh my
RE:my oh my Right now GLK is in a waiting period for many things so it's hard to comment on them good or bad. Even the name change they're waiting on while the TSXV do their due diligence, ie. trying to find something wrong (Apparently there is someone from another graphite company trying to 'undermine'' the name change which isn't helping. Petty... ). What we do know is that it's a hard working management team who are highly motivated to make it work. But that means nothing without anything firm so I can understand why people are bashing them. Most, if not all, of the junior graphite companies are getting bashed for doing nothing. I can't see why Novocarbon should be exempt from it.
Problem is that they're in a field where everything takes time. Batteries. Graphene. CNT. All are high end graphite applications. If, a big IF, they can get a DOD contract then expect a big pop - or not. Market is unpredictable. When they start shipping they should also see a big pop. IF CHASM gets a big contract expect a big pop. IF the graphene company starts mass selling expect a big pop. IF they can finalize a battery contract and start shipping expect a big pop. IF the battery lab becomes certified expect no pop because investors won't care though it's important. It's also possible they get nothing and go bankrupt. We're being patient on this potential and that only. We're not here on their financials - although I am confident they will need a PP, probably after a big contract is finalized. So those bashing the company have a lot of ammunition and the right to do so until something comes through.