Jim90 is definitely drinking the kool aid. I still believe strongly in the prospects of the company. However, in terms of corporate presentations and statements/goals made by the CEO, the company is under achieving.
"Significant progrss with off takes" " We will have off takes to take us into production" - no off takes will occur this year I GURANTEE it.
Grafoid AMEX listing by end of year - another goal that will not happen
Drilling results ahead of schedule - results later then expected somehow
PEA - literally several quarters late
Graphene North American Alliance - a one year development with CVD (good but nothing exceeding expectations)
Positive pilot plant testing - no news whatsoever on this
Revenues - nowhere to be found
End of 2013/Early 2014 production - This will not be met
Resource estimate intial - late, no measured amount
Very few things have exceeded my expectations or even met them.
Rutgers deal - this I applauded
Donninger hiring - very good move
Private Placement @ $1.20
Unfortunately there are still tons of areas where the CEO needs to meet expectations or exceed them.
Unfortunately we will not find out till the end of next year in my opinion where this company stands, I do not expect any off takes to be signed before mid 2013.