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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

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Post by Floridas2000 on Jun 25, 2019 1:24pm

Status

So nothing is going on with Novo right now, at least publicly known.  I don't check their tweets often but looks like the focus is on graphene currently.

Question for other posters, do you prefer it when a company tells  you something is going to happen in a few days or weeks but it ends up taking much longer - like months OR a company that says absolutely nothing unless mandated to by the exchange?  I have a couple of companies like the first and as an investor it is waiting for something to happen the company has little control over.  False hope.  But not knowing any news except for 4 or 5 x a year is also challenging.  Somewhere in the middle is ideal but using these two scenarios now. 

Crucibles should be about ready at Ashland soon.  This would increase their volume of purified graphite.  Need a purchase order too give the market confidence they are on the right track.
Comment by WidowAndOrphan on Jun 25, 2019 1:56pm
Somewhere in the middle is the perfect answer.  What I think everyone can agree on is that when a company makes a statement and that statement proves to be false...time to move on.   Generally speaking, if the statement has material impact on the Stock, the company need be very careful in how they communicate and who communicates it.   The only thing worse than an under ...more  
Comment by Luckierjack on Jun 26, 2019 3:49pm
Floridas, According to their Sept 26, 2018, press release the crucibles were ready back then and they even showed a picture. This appears to be the last press release of any substance other than filing financial statements, adding and removing board members, etc. That was 273 days or 9 month ago. UGH I wouldn't hold my breath for a big press release anytime soon. LJ
Comment by GoingBroke on Jun 26, 2019 3:59pm
False, they never said the crucibles were ready.
Comment by Floridas2000 on Jun 26, 2019 5:18pm
Well first of all they haven't said anything for a long time so I'm not sure what point you're making.  Second I said should be about ready.  Third there were pictures on instagram with the crucibles at Ashland taken a couple months ago.  I'm hoping they've made some improvement on that.  Or they could be doing nothing but living on a yacht with the ...more  
Comment by Luckierjack on Jun 27, 2019 9:21am
Did you read the same press release that I did where they said the crucibles were delivered and showed pictures. Not that it really matters, because the Collins dictionary definition of a crucible is as follows: A crucible is a pot in which metals or other substances can be melted or heated up to very high temperatures. Its a pot, a fancy pot, but still just a pot. It was ready before it was ...more  
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