Those who follow our research on critical materials already know that two companies we like include Medallion Resources (TSX.v: MDL) (MLLOF) and Great Lakes Graphite (TSX.v: GLK) (GLKIF). One can already see a similarity between the two businesses in that both companies are resource companies that are not developing mines. Medallion no longer has its claims on the Red Wine Project while Great Lakes Graphite is not developing Lochaber beyond its obligations via last year’s flow-through financing. But the similarity goes beyond this one observation: the two companies share a similar business development strategy, and we think that shareholders who appreciate this advantage in either should consider taking a position in the other. Graphite and rare earths are complex markets and present their own sets of difficulties, so companies in these spaces hardly need the added burden of bringing a mine to production. Most mining companies and most mine developers don’t have to worry much
The post Why We Like Great Lakes Graphite and Medallion Resources appeared first on miningWEALTH.