Global Thermoelectric - SOFC Fuel cells (GLE:TSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ddl who wrote (5728)	11/13/2002 10:50:03 AM
From: Gulo	Read Replies (1) of 6016

I really don't understand your concern. GLE never claimed their prototypes to be market ready. Nobody has a commercially viable retail unit yet. That is widely understood. The MOUs and test units to Delphi were not the finished household appliances GLE is developing. They were simply fuel cell components. If SOFC appliances were already market-ready, the field would not be nearly as interesting from a speculative standpoint. The interesting thing is that GLE is close to being market ready. They do have very advanced prototypes and expect to have perfected the technology to be competitive within a year or two. Frankly, that is exciting. Of course, we all hoped it would only take a few months to take the technology from where it was in 1999 to retail store floors. Progress has been slower than expected on the sealing issue, but the rest has progressed well. Degradation rates are falling gradually and the power density has improved much more than I, at least, thought possible. Manufacturing costs are apparently dropping fast enough to meet targets by the end of 2004. I just don't know of anyone that is closer to the goal. I got out of GLE in 1999 and have been watching it since. I missed the run from $8 to $50 because the risk/reward seemed to high for me. Now with GLE trading at 2/3 cash and within sight of commercial viability, I'm buying. By the way, the comparison to Tathacus' Xogen is ludicrous. There are fundamental physical limitations to hydrolysis that the idiots promoters at such penny stock scams don't care about. Hydrolysis, like any other energy conversion process, will ALWAYS ALWAYS ALWAYS! capture less energy than is put in, with the remainder being lost as heat. That fundamental law of nature is what schools try, apparently unsuccessfully, to teach in grade nine science. It is shocking that experienced engineering types such as Tathacus's board of directors can allow such nonsense to continue. I think they should be held personnaly liable for the losses of those who were conned. -g

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next