Why Invest in a company looking for ‘pencil lead
Post# of 20
Lomiko (TSX-V: LMR, OTC: LMRMF, FSE: DH8C)
There are times that investments look odd on the surface but make a lot more sense once you perform due diligence. With debate circulating over the production of oil and pipelines in Canada, pencil lead might just be what we need to help move Canada to a ‘green economy’.
Graphite pencil lead is only one form of a very common substance – carbon. Coal, another form of carbon shaped our modern Industrial Revolution and the coal-bearing areas of Ozark mountains made America an Industrial giant in the early 20th century. Another form of carbon creates diamonds, one of the hardest and most beautiful gemstones in the world. The picture below does not show diamonds, but its cousin flake graphite, taken as samples from Lomiko’s La Loutre property in Quebec.
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