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

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

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To: Kevin Hamlin who wrote (1678)	5/1/1999 5:22:00 PM
From: Greg from Edmonton	Read Replies (1) of 6016

Like I've said before, I like the way these pieces are fitting together. Note that the GLE / BMW connection can be "interpreted" through Delphi & BMW announcements for SOFC development even though nothing formal has directly linked GLE with BMW so far. Foundation Equity gives notice of intent to free up 2 million shares OK if we can rule out that Sprott's buying is not for a fund then I'd like to offer another possibility. Perhaps the 2M shares my be earmarked for Delphi, but I am left wondering if Sprott's accumulating GLE stock may represent interests other than Delphi's. Say for example, BMW? Suppose BMW wants a more direct interest, similar to DiamlerChrysler's interests in Ballard. BMW has experimented in the past with electric vehicles and hydrogen powered vehicles, although BMW's hydrogen vehicles have been using internal-combustion engines and not fuel cells. Maybe BMW had concluded that PEM fuel cells are "not there yet", and held off commitment to any specific technology until a better alternative could be found. And then GLE announces their SOFC breakthrough, which starts the ball rolling. See my earlier post: #reply-9156449 Does anyone recall exactly how Diamler and Chrysler announced their support for Ballard's PEM fuel cell technology? I would appreciate if somebody could post further details or provide a link for sake of history. Ballard is the obvious benchmark in drawing any projections or comparisons with GLE. I think that a great deal of Ballard's success can be attributed to their visibility within the press e.g. the test fleets of hydrogen-powered buses, media invited for test drives / rides, etc. which generates interest and exposure. Common people are often attracted by the "wow" factor more than whether a company may be profitable. This is only speculation on my part, and I thought I'd offer some possible alternatives for further discussion. Is what I have just mentioned a reasonably likely scenario? At this time I feel that it could be.

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