GREY:GLKIF - Post by User
Comment by
uncleronstipson Mar 14, 2019 11:17am
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Post# 29485320
RE:RE:RE:RE:Something to ponder
RE:RE:RE:RE:Something to ponder
While we sit and wait, again . I would like to mention Elcora ERA.V a company I invested with @ $0.19 and it hit $0.60 + . I waited and ended-up selling in the $0.50's. Good thing , as it continued to fall. Today it is at $0.09. Novocarbon is in a much stronger position than Elcora ever was. When Novocarbon lands that first order for 2500 TPY or whatever amount , the SP can easily match Elcora's high ? Once the ball gets rolling the and the markets catch-on , anything can happen. The markets are not always rational are they ??? The 2500TPY contract will establish a new benchmark for the SP. Of course a much bigger contract would push it higher and I doubt if we will ever see $0.03 again. The progress made by GLK gives me confidence not doubt. Cheers.