GREY:GLKIF - Post by User
Comment by
supra48on Mar 15, 2019 11:27am
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Post# 29491061
RE:Cease Trade Order
RE:Cease Trade OrderThe companies market cap is too low (5 million needed) and the company has not had meaningful revenue for several years as required by the exchange."
Ramore1 your above statement is pretty much most of the TSX Venture isn't it. They all have little to no revenue it's the Venture right? I have followed many many comapanies for years and years with no revenue or little revenue and they trade fine. Why then is the OTC seeing increased volume ? The recent raise will bw filled by insiders so we just have to wait for the cease trade to be lifted and volume by the looks of the OTC will be higher than normal. How many Graphite manufacturers are there outside of China ? Glad I increased my position before the halt. I will be looking to add when it is lifted.