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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.


TSXV:GRAT - Post by User

Post by Foxbat143on Dec 10, 2021 10:26am
144 Views
Post# 34218360

Gabe

GabeThat is the point that I am making. The company is touting potentially and does not have revenue. They apparently hired a pumping firm so the price is artificially high. And when it drops there will be another Reverse Stock Split. Thus the current price is artificial. Minus the earlier 10:1 Reverse Split this stock would be trading at around 0.10$. But I give them credit for hiring an excellent PR firm. That was GENIUS.
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