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GR.HAS.MOVED.FROM.025.TO.A.HIGH.OF.055.WITH.A.CLOSE.OF.5 CENTS..VOLUME.WAS 1,194,000
PRZCF FINRA deleted symbol:
http://otce.finra.org/DLDeletions
Greenlight Resources / PRZCF changed to Great Atlantic Resources, Corp., / PRZCF
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/20/2012&mkt_ctg=NON-OTCBB
vol is now 34,000 shares. Yesterdays Bid/Ask was .107/.133, previously the bid/ask had been a lot lower, but over time, even though it did not trade, its bid/ask increased as its Vancouver prices increased. Even though its bid steadly rose, so did its asking price and so no shares ended up exchanging hands on the Grey Market. Today somebody put in an asking price = to the high on the Vancouver exchange and their trades have been executed.
20 June 2012 1PM
Price 0.135 +0.0495 + 57.89% vol 17,000 days Hi/Low 0.135/0.135 Yr Hi/Low 0.1842/0.073
Stock has been moving up steadly on the Canadian Vancouver exchange for days now and is now also at 0.135. Could soon pass its previous high of 0.1842. Stock market as a whole has been going nowhere to down but Greenlight Resources has been going up, so it is showing a lot of strength. We are fortunate to be in it. Congradulations to everyone that is in it. We are in for a long ride higher.
PRZCF trades on the Grey Market (Grey Sheet Stocks). It last traded 7,000 shares on 05/22/12. The current Bid/Ask is .107/.133 Grey Sheet stocks are similar to Pink Sheet stocks in that there is no physical trading center, such as with the New York Stock Exchange. Instead the stocks are just traded electronically. The bid and ask prices on Pink Sheet stocks from the various brokers are centrally collected and displayed by the OTC Pink® Sheet company. The Grey Market stocks do not have a central exchange or interdealer quote system. But individual dealers, like Scottrade, will have a bid and ask price available. Grey Sheet stocks are more thinly traded than Pink sheet stocks, and have even less reporting requirements than Pink Sheet stocks, and so may seem to be more questionable stocks to trade, but the Grey market serves a very valuable function. Shares of stocks on different national exchanges, such as the Canadian Vancouver exchange, will not be traded by many brokerages, such as many of the ones in the United states, but many of these Canadian companies also have shares listed on the Grey Sheet. As an example, Greenlight Resources (now Great Atlantic Resources) is traded on the Vancouver exchange as V.GR. Previously Scottrade in America used to trade Canadian stocks, but they had to go through a Canadian broker and had to charge their customers $29 extra because of this. Because of this, Scottrade will no longer buy or sell Canadian stocks, but they will trade their Grey Sheet stocks, such as PRZCF for Greenlight Resources. Also, shares of stocks on the Grey Market are available for trading on most of the world markets and so this also increases their availability. Excellent companies have their stocks traded on the Grey Sheets, and so having a stock listed on the Grey Sheets does not mean it is a stock to be avoided, it just means you have to do your homework before you buy the stock. I did and I ended up buying PRZCF and I feel that I will be amply rewarded.
OTCQB® - The Venture Marketplace
OTCQB is the venture marketplace for companies that are current in their reporting with a U.S. regulator. There are no financial or qualitative standards to be in this tier.
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Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
Grey Market
There are no market makers in this security. It is not listed, traded or quoted on any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
Greenlight Resources
The company is confining itself to one area of the world where they know that the government is stable and pro-mining, but they are spreading out their risks by not restricting themselves to only one type of metal.
Two graphite deposits, two antimony and gold deposits, tungston and gold deposit, silver & base metal deposit, and a manganese deposit. Risks are spread out and joint venture partners will develop the deposits, while at the same time agreeing to let the company share in the money flow. This will aslo reduce the risk, and minimize the financial burden on the company and so allow it to find and develop further acquisitions.
Greenlight Changes Name to “Great Atlantic Resources Corp.”
Posted on June 19, 2012 by greenlight-office
Greenlight Changes Name to “Great Atlantic Resources Corp.
VANCOUVER, British Columbia – June 19, 2012 – GREENLIGHT RESOURCES INC. traded on the Toronto Stock Exchange, Vancouver (V.GR) is pleased to announce that effective at the opening on June 19, it has changed its name to Great Atlantic Resources Corp.
Building the company is a project generator and working in the number one mining region of the world with a successful A-team of explorers, we are pursuing some of the most sought after critical commodities such as Antimony, Tungsten and Gold. The Name change to “Great Atlantic Resources” clearly defines the stature of resources being pursued and the specific region in which they are being explored. The symbol will stay V.GR.
States, President “Christopher R. Anderson”
A project generation model is defined as an exploration company that uses its internal geological expertise to find and develop mineral assets in order to attract other parties to continue funding the early stage higher risk development of those assets, while the generator maintains a significant vested interest. Hence spreading the risk and increasing the opportunities for a discovery by the Generator. Great Atlantic Resources has within its first year completed two such Joint Ventures and is currently preparing more mineral assets for further Joint Venture opportunities.
About Great Atlantic Resources:
Great Atlantic resources, is focused on exploring Atlantic Canada, which is a sovereign risk free, resource rich domain (New Brunswick was recently announced as the #1 region in the world to do mining by the Fraser Institute in March of 2012). Great Atlantic is sourcing, and advancing several projects under a project generation model, addressing a wide range of specialty and traditional commodities such as, Antimony, Tungsten, Graphite, Base and Precious Metals.
On Behalf of the board of directors
“Chris Anderson”
Christopher R Anderson,
CEO – President
Does this still trade in the U S? The symbol PRZCF seems to have been dormant since Jan., 2012????
Great article. Thank you.
The Great Graphite Rush of 2012
Graphite prices have yet to go critical in 2012 remaining stable since late last year, but the same can’t be said for the mining stocks as Graphite Fever has gripped the mining community. New acquisitions are announced on a weekly basis and share prices of almost all the companies in this sector are taking off. If price action is any indication that there is growing interest in this sector, one only has to look as far as the share prices of the companies in the sector doubling, tripling and quadrupling in 6 weeks. The Graphite theme has started the year with a bang and will continue to gain traction and momentum as all the household names in the sector are moving at a torrid pace and will continue to do so for the next 18 months and most likely continue out on a 5 year cycle.
Opportunities like a rebirth of a sector don’t come around every day and to be in on the ground floor of this BOOM is something special and you should consider yourself lucky for you early adopters. The last sector that saw this type of excitement and share price appreciation was uranium. Although even uranium didn’t get off to the bang that graphite has in the last 6 weeks. One reason for this is that developing a graphite mine, no easy task in itself is so much easier than uranium or even lithium where many companies put a lot of it back in the ground because the real market could not support all the companies with plans to produce. Not so in the Graphite industry that is both 10 times larger than lithium and uranium markets with unprecedented growth expected not seen in either. If the graphite market doubles, that is a factor of 10 to the lithium market doubling or the uranium market doubling. Meaning all things constant, 10 times the mines will be needed when compared to either lithium or uranium. This long neglected sector that hasn’t seen any investment since Ballard in the early 2000’s has a long way to come back. You can’t even really call this mining sector with not one Canadian public company actually mining graphite.
Gentlemen start your engines, pick your favorite stocks or a basket of them and outperform all your friends who still haven’t heard of graphite or the BOOM that is happening in this sector. A year ago 1 in 20 had heard about graphite, now maybe 4 in 20 have heard about. There is still a lot of people to tell this story too. If you got graphite in your portfolio, it is going to outperform anything else this year as it is clear there is need for mines in this sector.
Further evidence is the amount of companies in the sector. Last summer there were 2… now there are at least 14 and counting.
Trading summer of 2011
1. Northern Graphite NGC-V
2. Focus Metals FMS-V
Acquired projects and actively exploring
3. Strike Graphite SRK-V
4. Standard Graphite (formerly Orocan) SGH-V
5. Lomiko Metals LMR-V
6. Solace Resources SOR-V
7. Cedar Mountain CED-V
8. Energizer Resources EGZ-T
9. Soldi Ventures SOV-V
10. GeoMega GMA-V
11. Greenlight Resources GR-V
Companies currently not trading or listed…
12. Mega Graphite (IPO March)
13. Tasex Capital (Flinders) TAX.p-V
14. High North (Canada Graphite) HN.p-V (IPO April)
There are companies that I have missed, but you can’t keep track of them all. NGC and FMS will remain the industry leaders while Standard Graphite, Lomiko, Cedar Mountain, Energizer, Solace and Strike are my early favorites in the next group down which is 2/3 of them. At this point in time it is hard to differentiate one from the other as it is early and all the projects now are similar to each other and are the best of the bunch and on par or close to as companies like Focus and Northern Graphite. People keep asking me which graphite stock is better? They are all good and any one of these companies in this list will be at least 100% high by next year, even the companies that are still not trading.
Lomiko Metals LMR-V
Lomiko has finished correcting and is about to close the financing and start the next leg up. The company has the highest value project of any of the juniors and is still one of the cheapest. This company should have a similar valuation to SRK or SGH and has the inside track to have a FMS/NGC type project. It has by far the most historical work on any project. LMR recently announced they will be completing a 43-101 with the historical work which will give investors a good idea of what Quatre Milles is all about. I would not expect a resource in the 43-101, but the historical work will be used in the resource report once the work is confirmed accurate. This will give LMR a good base to work off and a head start putting a resource together on their property in a cost effective manner. Technically Lomiko looks like it is ready to breakout after hitting a
.13 and consolidating for a two weeks.
Lomiko has tons of news drivers including…
•43-101 report
• Drilling announcement
• Closing of the financing
• Expanding the technical team
On top of the news drivers there are two other important fundamentals… our big insider is almost done selling and is getting more insignificant by the day and PDAC is 10 days away! Technically LMR is primed to break out and run right into PDAC and out the other side. All graphite stocks look like they will continue to run at least until the end of March/April period.
Energizer Resources EGZ-T (ENZR: OTC)
Made a very big discovery in Madagascar at Green Giant. Early indications are that they are on to a very large graphite camp. 118.6m @ 6.24% Cgr in drill core and 106m@ 7.11% in trench sampling show a very large high grading deposit. Energizer also signed a deal with DRA Mineral Projects to develop Green Giant. This is one that will be a mine in the next 3 to 5 years.
Graphene is exciting… but it’s the Lithium-Vanadium (Graphite) Ion Battery that Will drive the demand for graphite for the next 3-5 years.
What makes this even more exciting is graphite demand is clearly tied to peak oil and gasoline prices over the next decade. The drive to alternative energy vehicles is the key link to many of these companies and their hopes to mine or be bought out or secure off take deals. Without this incremental demand coming online the next 2- 5 years… this theme is dead. As gasoline prices continue to edge higher in this age of inflation, consumers will be forced to adopt affordable alternative fuel vehicles and much faster rates than anticipated. Adoption rates are the wild card in the demand equation and choke supply because of not enough of the right type of graphite available.
Graphene will play a more important role in graphite demand from 5 to 15 years from now while getting mines into production to support electric/hybrid vehicle mass production rollout over the next 3 years is the priority. Just from Tesla’s Model X and S they could be selling 30,000 to 40,000 cars per year by 2014 which is a quarter of the total output of Northern Graphite. Hyundai’s hybrids use the li ion battery. Every auto manufacturer is forced with the same choice and is going down the road of electric and hybrid vehicles. If gas prices go to $5 a gallon in the US over the next 18 months, you will see much faster adoption rates than anyone anticipated.
This is just the start of a major bull market in a sector that didn’t exist 18 months ago. At the end of this run 5 years from now some of these stocks will have gone up 1,000% to 10,000%. Some say this is like the beginning of the Uranium boom while others say it is like the Lithium boom. I say it is better than both because this is a sector that needs mines constructed. This is a sector where building a mine isn’t impossible. This is a sector where there is real incremental demand from several angles and is a sector that has no companies and no major mines outside of China. This is a sector where the returns are off the chart for the minimal dollars required and has generated a lot of excitement about chasing pencil lead. The fundamentals in this sector from mine to pencil suggested that the perfect storm is brewing in graphite and the early birds in this sector will get the worms.
Note… early birds and worms are plural.
Out of the 14 companies listed above… half may be mines in ten years. Those are odds that just don’t happen very often in mining. So are these prices rises justified? Every single penny is justified and my gut tells me graphite stocks will be in high demand all year for several years. Themes just don’t come around lie this very often. The last one was Uranium 8 or 9 years ago. There might not be another hot theme like this for another ten years. Don’t hum and haw about graphite and watch these stocks go up. Join the party and make some money!
Christopher Skidmore
Beat the Market Stock Picks
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Added bonuss:
Lomiko Metals LMR-V
Also has the Vine Lake gold-silver property and the Salar de Agus lithium-potash property. So, in addition to its graphite property, it also has lithium, both of which will be used in the batteries to power hybrid and electric cars.
Energizer Resources EGZ-T (ENZR: OTC)
In additon to its graphite, the same property has a massive vanadium deposit, and the new electric car batteries will be Lithium-Vanadium-Graphite batteries. Because DRA Mineral Projects has partnered with them, the company has now gained respectability and the investment community will realize that they will be able to develop and start mining their Green Giant Project.
Greenlight Resources GR-V
Is a multiple resource company and in addition to its graphite project it has Rare Earth properties which include lithium, tantalum and rubidium. Plus it has gold and silver-base metal properties, as well as its Tomahawk manganese property. So in addition to its graphite property, it also has lithium which will be used in the newer Lithium-Vanadium-Graphite car batteries.
Plus, its manganese property could be a real sleeper that could propel the stock higher:
A new and exciting market is opening for manganese that could provide the metal with explosive growth potential, and diversification away from it ties to the steel industry. This market is essential to the future, from high tech consumer goods, to the automotive industry, and energy production. The future for manganese lies in battery technology. With the addition of manganese to the lithium cathode of lithium-ion batteries, energy density and recharge rates are improved dramatically. These factors can lower the cost of production making the economic viability of electric cars and a host of other technologies, a reality.
Chairman William Clay Ford Jr. of Ford Motor Co. predicts 25% of all Ford's future auto production will be electric vehicles by 2020.
One of the first new widespread uses for EMD (electrolytic manganese dioxide) is in the cathodes of lithium-ion batteries for electric vehicles. This technology is already in use by GM's Chevy Volt as well as the Nissan Leaf and is in development by other automotive manufacturers. The Argonne National Laboratory in conjunction with Envia Systems has developed a "high capacity manganese rich cathode" (HCMRC) battery and they claim it holds twice the charge of other lithium-ion type batteries currently in use, can be recharged in a few minutes and is approximately half the weight of other batteries as well as having a lower production cost than other comparable lithium-ion type batteries currently under development. Lithium manganese dioxide batteries (Li-Mn2-O4) (LMD) contain 4% lithium, 61% manganese and 35% oxygen by atomic weight.
Lithiated manganese dioxide (LMD) batteries are already being used by Milwaukee Tools in their electric battery tools sector and this technology application is rapidly growing with many other tool companies.
LMD batteries, besides having a high power output and low production costs, also exhibit high thermal stability and enhanced safety when compared to other lithium-ion batteries. The University of Illinois has recently created an advanced prototype battery using lithiated manganese that can be recharged in as little as two minutes.
On another front, researchers at the College of Science and Engineering at the University of Minnesota have developed an early stage multi-ferroic alloy that converts heat directly into electricity. This consists of a combination of nickel, cobalt, manganese and tin. Professor Richard James, led the research team. He states, "This research is very promising because it represents a new method for energy conversion that has never been done before." They also state in their report that even though this technology is in the early stages of development it could potentially be used to capture waste heat from a vehicles' engine or its exhaust that would produce electricity for charging batteries in hybrid cars. Another possibility includes rejected heat from industrial and power generation plants. This is just one more of the many emerging new scientific discoveries being made concerning manganese.
Another example of constant change and innovation in the manganese sector is the new technology for wind and solar farms grid electrical storage announced this month by researchers at the DOE Pacific Northwest National Laboratory and China's Wuhan University. They have developed a large scale sodium, ion, manganese oxide battery that is more energy efficient and lower cost than lithium due to the size and scale of batteries needed to store large grid scale electricity. This research is still early stage and ongoing.
...................
Lomiko Metals and Greenlight Resources both closed at .13 Friday, while Energizer Resources closed at .29 which is more than twice the price of LMR or GR, but Energizer is closer to becoming a mine.
Even though Lomiko LMR-V closed at .13, the same price as Greenlight, Lomiko has been spiking upward on increasing volume.
Interest in graphite will only last as long as its use continues to grow. So the question is; will it's demand continue to grow? Lithium-vanadium car batteries contain more graphite than lithium or vanadium and as hybrid and even pure electric car production increases, there will be a need for tens of millions and eventually hundreds of millions of lithium-vanaddium (graphite) batteries. in addition to car batteries there will be increasing utility power plant requirements for the huge vanadium-redox batteries which are rated at the megawatt levels, or millions of watts, power output. Those two demands will mean increasing use of graphite for decades to come and this has been at the heart of the new interest in graphite and will fuel continued price increases for graphite stocks for years to come. Which is great, but now it appears that there may be another massive use of graphite, and if so, this could increase the interest in graphite far more than is presently anticipated and ignite an even greater rise in the prices of graphite companies than is presently expected.
Graphite foam could help suck terawatts of power from seawater
http://www.graphiteblog.com/2012/02/graphite-foam-could-help-suck-terawatts-of-power-from-seawater.html
The only eco-friendly source of "base power," that is, power that (unlike solar or wind) is available at a constant rate whenever you need it, is geothermal, and geothermal sources are limited to only a few places in the country. This lack of a reliable non-polluting power source makes green power a hard sell, but the Oak Ridge National Laboratory (ORNL) might have an answer: seawater.
Really, it's not the seawater itself that ORNL is interested in: it's the temperature difference between water up near the surface, and water thousands of feet down. Wherever you've got a temperature difference somewhere, it's theoretically possible to harvest energy from that system, and the bigger the temperature difference the more energy you can extract. One handy place where this would work is out in the ocean, especially in the tropics, where seawater near the surface can be 70 or 80 degrees, and just 30 to 40 degrees a couple thousand feet down.
That 30 or 40 degree difference is enough to boil ammonia, use it to drive a turbine to produce power, and then condense the ammonia again to start all over. There's no fuel necessary, no waste products, and the slightly colder water that's dumped back into the ocean apparently has no effect on the environment. ORNL figures that offshore power stations have the potential to generate between three and five terawatts of power in tropical latitudes, which is more green energy than is produced by the entirety of the United States of America.
The secret to doing this efficiently enough to make it cost effective and worthwhile is a stupendous heat exchanger, and ORNL has come up with a doozy: graphite foam. This stuff has a ton of surface area, and it's a very efficient heat conductor, which is exactly what you need in an exchange system. ORNL estimates that using this stuff could either half the cost or double the efficiency of any heat-based power source, which covers not just these seawater plants, but traditional power plants (coal, nuclear, etc) as well.
If ORNL has its way, a demonstration version of this seawater energy project should be up and running in Hawai sometime this spring.
What's interesting about PRZCF (Greenlight Resources) is that in addition to their excellent Golden Grove graphite property, they have Lithium-Rare Earth Metals properties plus Manganese (another metal with growing uses) and gold and silver properties. All of which diversifies their prospects and lowers the risk of just being in one commodity, plus the prices of all these metals are increasing.
hmmm....
I have not heard lithium being a big player in Nova Scotia.
Not only that gold is typically found on the South Shore and Eastern Shore.
Coal and Offshore Nat. Gas is more common.
I am just thinking out loud, not dismissing it, just seems odd.
Kemptville is only 2.5 hours away.
I might check this out someday.
ECC
Gold Project - Kemptville
stay tuned...
also...lithium, substantial amounts...and $ on the table to continue adding to their continued DISCOVERIES!!!
;)
I'm here, any news? Im in GR in Canada on the venture
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