There is a lot of excitement surround graphene and more surrounding 3D Printing. Combine the two in a patented process and you have an opportunity to get in on the ground floor of a brand new technology.
When Lomiko Metals (OTCQB:LMRMF) invested $50,000 in a startup Graphene 3D printing outfit it was difficult to foresee that within a year Lomiko would own 4.4 million shares in Graphene 3D (TSX-V: GGG) which closed today up 35% at $1.41. Lomiko CEO Paul Gill has to be smiling at a the current value of $6.2 million for that investment.
On the Toronto Exchange Lomiko's shares were up $0.01 to $0.08 or 14% on the GGG move.
It looks like Gill has come up with a template for bringing graphene deals to the market while retaining a significant Lomiko participation. Looking over Lomiko's press releases it will be interesting to see if the company's interest in graphene super capacitors will see similar developments.
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.