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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

Comment by Alpha007on Mar 16, 2022 11:46am
120 Views
Post# 34518559

RE:If the Share price reaches $1.10 (true support)

RE:If the Share price reaches $1.10 (true support) What is the price per ton Gratomic is planning on getting? Now IF, revenue doesnt hit I feel will probably see this hit $0.80, and if it breaks that to $0.60, volume is still fairly high and selling pressure is also high (Doesnt look like this is from short-selling but rather probably early investors taking profits), in new ventures heavy selling is not a good sign.....that means early/private investors & insiders are not bullish, UNLESS this selling pressure is from people that bought at the top and are taking realized losses which I highly doubt unless for tax planning purposes, why if I have a ACB of $0.30 would I sell now if this could go to $5 and I believe in the company long-term?....Not a good sign. An additional risk is if this company continues to issue more shares, that will further dilute and hurt current investors/share price. I feel I have to speak to the risk side, you mentioned in your March 3 reply to me investors are happy with the risk/reward.....well since then this is down -20%, as I mentioned when you are talking big swings you have to take into consideration timing, I'd rather buy this at the very bottom or wait and buy this at $3 when fundamentals start to look sound and can see factual appreciation happening. Yes I agree with you saying do your own DD on compny, I am not advising anyone to buy or sell do what you will, just simply understand how deals work when a company is listed through shelf, understand a company's market value can be filled with options/warrants with very low strike prices and early investors are only wanting to profit themselves. I am not contrarian, as I said in my reply I think long-term if the company accomplishes it's plans things will go well, for example if the company can reach max production and revenue $50-100M CDN, then I can easily see the share price being around $7 which would value the company at $1B (If don't issue more shares) or around 10X, from other mature mining companies it seems 20-30x is industry standard. But that's alot of revenue still to come, and has to come through on a CONSISTENT basis.
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