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Re: checkmate28 post# 33487

Friday, 06/09/2017 3:01:30 PM

Friday, June 09, 2017 3:01:30 PM

Post# of 35706
Any DNI Watchers, check out this post by Luke McCain. Wrap your mind around this info. Follow DNI'S graphite to the US battery market. Couple that with the potential (PROBABLE more like it) new property acquisitions, the current near telling drill program (world class resource on its way), the coming demand for car batteries/renewable energy storage, and you can see where this could go. Trust me, there is a very good opportunity here. This is my 3nd largest position in $

PS The CEO Dan Weir, is brilliant plus driven and just gets it done.
I say all this in the context of relating the value to the miniscule market cap of $4M

Post by Luke link below
$DMNKF: News for DNI Wholesale Graphite (via GLK)

http://www.marketwired.com/press-release/great-lakes-graphite-enters-battery-market-with-first-shipment-international-battery-tsx-venture-glk-2221150.htm

Quote:
TORONTO, ONTARIO--(Marketwired - June 9, 2017) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) is pleased to announce the Company has officially entered the battery materials market with the shipment of two purchase orders to an international manufacturer of stationary battery systems. The first of the two purchase orders is for 50 kilograms of material that will be used in pre-production test manufacturing of a battery unit designed for use in industrial applications. The second purchase order the Company shipped, included five kilograms each of five different high purity micronized synthetic and natural flake graphite powders.


Quote:
Great Lakes Graphite Chief Executive Officer Paul Gorman said: "We are accelerating our preparations for scaling up manufacturing products for the battery market. This includes working with our partners to insure that adequate production capacity is available. We have also recently had discussions with our supplier regarding our new long term forecasts that anticipate a production rate that is four to five times what we had originally planned. We are extremely fortunate to be working with one of the top graphite producers in the world that have continuously operated a clean, green, sustainable and highly socially responsible operation now for over seventy years."


Just in case you are new here:

"supplier" = DNI Metals, Inc. (for natural graphite only)

"producer" = In this case, referring to DNI's Brazilian supplier.

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