Post by
GUNSS on May 02, 2014 12:51pm
Use Your Heads People....
I would not be selling at today's levels. Look at Flinders Resources, FDR.v. That company has a US$ 40 million basic (not fully-diluted) market cap and an NPV(8%) on its project in Sweden of US$ 26.7 million. I've researched this company. It's the real deal. Flinders will be in commercial production of flake graphite within 3 months.
Big North Graphite could be in production of flake graphite in say 18 months. Therefore, Big North is about 12-15 months behind Flinders, (and years ahead of almost every other graphite junior on the planet). Yet, what's Big North's market cap? Something like 10%-15% that of Flinders'.....
Big North could easily be in producton ahead of Mason Graphite, Focus Graphite, Energizer Resources, Northern Graphite, Alabama Graphite. All the industry talks about lately is Tesla and batteries, well being first into production trumps all other factors.
Big North's market cap is a small fraction of most of the names mentioned above.
Comment by
michaelryah on May 02, 2014 12:59pm
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Comment by
bmeister2 on May 02, 2014 1:10pm
I am trying to take your advice and have patience, not my strongest virtue,I might add. Spiro does talk the talk,but as someone else said,he has to walk the walk before others walk it ahead of him.That is my concern.i think NRT has a good story but it needs to be read before other juniors garner more interest. Being out of the blocks early has to be accretive or we gain little.imo
Comment by
frewil1 on May 02, 2014 2:14pm
Ya I hear what your saying, I feel the market wants to see some figures from the company like for instance what is the potential capacity of their projects and how much of what grade of product and also some kind of time line for these goals, but this could take sometime for the company to come up with these kind of figures. GMHO