Great Lakes Graphite Inc GLKIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Something to ponder

[Floridas2000]

You are correct again.  I think that's why in the last article they talk about holding the stock for 10 years because they won't bring in a lot of revenue for a couple of years.  They simply won't have the capacity to sell a large volume of graphite.  Even with coated graphite, they won't be able to sell large volumes of that for at least a couple of years.  

However, look at the Quebec companies.  They're around 50 million market cap and they will not generate revenue for a few years.  Even Berkwood has the same market cap and they're only digging.  OGL is behind us now, don't want to think about it.  Compensation is not fully disclosed but we have an idea what it's for.  I don't know about the regulatory forms so I can't comment on that one.

Bueboy for metrics what do you think it's fair to use?  The only JVs making money are Bass Metals and Syrah.  Bass Metals has a market cap of 30 million and Syrah has 371 million (holy sheet music).  Novonix is similar to Novocarbon I guess, both selling graphite to the battery market and have a lab (Coulometrics).  Market cap of 78 million.  Novonix has revenue of 2.1 million.  But have to consider these companies are on the ASX which is a mining friendly exchange.  TSXV only rewards the standouts.