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Bullboard - Stock Discussion Forum Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified... see more

GREY:GLKIF - Post Discussion

Great Lakes Graphite Inc > Halted - Good to all!
View:
Post by gambler* on Mar 07, 2019 8:08am

Halted - Good to all!

GLTA
Comment by gambler* on Mar 07, 2019 8:12am
Insiders Investing their own money, now that’s a positive sign.  TORONTO, March 07, 2019 (GLOBE NEWSWIRE) -- Great Lakes Graphite Inc., doing business as NovoCarbon Corporation, (“GLK”, “NovoCarbon” or the “Company” TSX-V:GLK, OTCQB:GLKIF, FWB:8GL) is announcing that it will be undertaking a non-brokered private placement pursuant to which the Company will issue common shares at $0.05 per ...more  
Comment by WidowAndOrphan on Mar 07, 2019 9:42am
Very positive sign and consistent with previous messaging from the directors as well. Fairly close to the call that was made in the recent article about upcoming investment.  Light at the end of the tunnel.  
Comment by uncleronstips on Mar 07, 2019 10:12am
my DD was on the money , It told me there were investors ready and willing to invest in GLK . This money is for general working expenses. The next round of investment will be for expansion of production to fill future orders. There is definitely light at the end of the tunnel. I just hope the halt is a short one , so we can get down to real business. Looking good ! Cheers to management.
Comment by bullmoose1984 on Mar 07, 2019 8:21pm
So I wonder who the investors are maybe Gorman couple of the new guys on board?
Comment by WidowAndOrphan on Mar 08, 2019 11:49am
Fun Day on the GLK.IF side.  Trading at .10c right now.  Very fun to watch
Comment by uncleronstips on Mar 08, 2019 12:03pm
It's going to be fun to see the SP after the halt is lifted. This is very important when you have 3 directors ( insiders ) investing their own money into the company. They sure as heck know what is coming down the pipe . This investment says there are big things in the works , obviously ! I predicted a SP of $0.50 with big news. Could be a contract with the ( before mentioned ) US DOD / DOL ...more  
Comment by WidowAndOrphan on Mar 08, 2019 12:08pm
Does the hold not impact the GLK.IF variant?  Showing 230K shares traded today...
Comment by Retireby35 on Mar 08, 2019 12:25pm
This is killing me I wanted to jump in and then the halt happened. I still will when its unhalted but good times coming to all invested
Comment by uncleronstips on Mar 08, 2019 12:47pm
A lesson learned Retired . He who hesitates is lost ! Not to worry though, you can put a bid in, and hope it opens at $0.06 ? then climbs to $0.12 maybe higher ? Depends on what news comes on why these directors invested their own money. Regardless , there must be a positive reason for them to invest. At least you are aware of this company and are in a position to invest. There is still a big ...more  
Comment by SimplyRunRig on Mar 08, 2019 1:30pm
It was halted by the Ontario Securities Commission...doesn't affect US markets.
Comment by bullmoose1984 on Mar 08, 2019 2:15pm
Called my broker I can't trade glkif in my American fund's trading account because only American people can at this time not canadian
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