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Yeah! Volume steadily increasing this week.
Okay guys here comes power hour watching $GRXXF Lets kill it!!!
BAAAM over a dollar before power hour up 4%
$1.02 HOD New 52 Week high! NIce MOMO, I think we'll sustain above a dollar here. $GRXXF!
All time highs and still new here to the US, Lets build our new base here at a 1.00 $GRXXF
Great movement for GRXXF now at new all time highs
BOOM $GRXXF just hit $1.00!!!
Here is that 1.00 holler we were talking about $GRXXF at hod
Hell yeah! $GRXXF just past $1 Weeeeeeeeeeeee!! Hope you all are enjoying the ride take profits along the way.
I guess what you mean is $GRXXF!
Haha GRXXF welcome to dollar land
Garibaldi shares grew 2,351% in 2017 primarily on the strength of successful mining of minerals needed for Lithium Ion battery production. That's exactly what GRXXF is after as they drill for graphite at thier Quebec LAB property. When you ride about 2,351% and realize you failed to invest *before* that pop, don't you wanna kick you self and say "If Only!"
Well you don't need a time machine because the opportunity is here again right now at the beginning of 2018. It's called "GRXXF" Get in before the parabolic pop.
Nice Analysis BlockChain! "The world flake graphite market is roughly 450,000 tonnes on a yearly basis. The growth multiple of 1.7x on the total graphite market by 2025 looks conservative to me when we look at the combined li-ion battery capacity currently in construction or expansion around the world. We know that Tesla’s Gigafactory 1 in Nevada needs 50 GWh of li-ion packs as soon as next year. That will give Tesla enough batteries for a production rate of 500,000 cars. 50 GWh is 50,000,000 kWh."
BOOM! HOD $1 $ADAC! Spread the word!
FANTASTIC ANNOUNCEMENT earlier this week: "Graphite drilling started at LAB property"
The PR below is what really got us running to a dollar this week. Go GRXXF!
https://finance.yahoo.com/news/graphite-energy-corp-start-drilling-083000031.html
Graphite Energy Corp. to Start Drilling at Lac Aux Bouleaux Graphite Property
GlobeNewswire•February 26, 2018
VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Graphite Energy Corp. (CSE:GRE) (GRXXF) (G0A.F) (the “Company) has signed a drilling contract with George Downing Estate Drilling Ltd. of Abitibi, Quebec, to start drilling at its Lac Aux Bouleaux Graphite Property (the “LAB Property”) on or about March 10, 2018. The drilling program is a follow-up to the promising results from the Company’s recently completed exploration work which confirmed the presence of high grade large flake graphite in the range of 2.20% to 22.30% graphite carbon (Cg) in selected grab samples (see January 15, 2018, news release). In addition to other geophysical targets, drilling will be focused around the old graphite pit area which was the centre of historical exploration work in the late 1950s and early 1980s. The Company will provide a drilling program update as soon as logistical arrangements are complete.
The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada, P.Geo., a Qualified Person as defined by National Instrument 43-101, of Geomap Exploration Inc. Mr. Pirzada is a member of Engineers and Geoscientists of British Columbia and holds a restricted permit for the Order of Geologists of Quebec (OGQ). He also serves as the President and Chief Executive Officer of the Company.
About Graphite Energy Corp.
Graphite Energy Corp. is a Canadian-based issuer listed on the Canadian Securities Exchange. It is currently engaged in the business of exploration of mineral properties in Canada and holds the right to acquire a 100% interest, subject to certain royalties, in and to the Lac Aux Bouleaux Graphite Property located near the town of Mont-Laurier in Southern Quebec. The Lac Aux Bouleaux Graphite Property consists of 14 claims covering an area of 738.12 hectares. The Company's objective is to explore and, if warranted, develop the Lac Aux Bouleaux Graphite Property.
ON BEHALF OF THE BOARD OF
GRAPHITE ENERGY CORP
/s/ “Afzaal Pirzada”
Afzaal Pirzada
President and Chief Executive Officer
For further information, please telephone: (604) 428-7050
NO ONE IMAGINED THIS! China's graphite needs are so great that althoug they are still the worlds largest supplier, they have gone to being a net importer of Graphite! https://www.platts.com/latest-news/metals/liverpool/china-has-become-net-importer-of-graphite-electrodes-26832801
The E-vehicle trend has disrupted graphite, batteries, and energy that much.
The world needs North America's Graphite. And they are finally prepared to pay for it. Great time to get in GRXXF!
Great Article! right on the money. China is cutting their own throat in the graphite supply business. All the newer larger companies that will be consuming the graphite are very much driven by a green ethic. Tesla is case in point.
GREAT RECENT ARTICLE: Gets right to the heart of the matter: The Vital Electric Car Battery Component No One is Talking About
Thanks for posting this! https://www.marketwatch.com/story/the-vital-electric-car-battery-component-no-one-is-talking-about-2018-02-27
Published: Feb 27, 2018 8:30 a.m. ET PALM BEACH, Florida, February 27, 2018 /PRNewswire via COMTEX/ -- PALM BEACH, Florida, February 27, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
Many may not be aware but the major component of the lithium-ion batteries used in Tesla's TSLA, -2.22% electric cars is actually not lithium, but in fact it's graphite. Strangely enough, all the focus in recent years has been on lithium when it comes to battery materials; one will often read headlines about mining giants Albemarle Corp. ALB, -4.28% FMC Corp. FMC, -0.37% and SQM SQM, -4.20% and their lithium operations. Hardly anything could be "unearthed" in the media related to graphite, especially in North America, but starting this year graphite will be the one grabbing these headlines. This is the next high-growth battery material lithium once was. Currently, there is only one existing graphite mine on the entire continent, owned by European mining giant Imerys (formerly named TIMCAL). Next to it lies Lac Aux Bouleaux graphite project held by Graphite Energy Corp. GRXXF, +2.06% (cse:GRE).
The Imerys mine is the fifth-largest in the world and was the ONLY producing graphite mine in all of North America, and is located 250 kilometers northwest of Montreal, Quebec. The province of Quebec is often considered a top 10 global mining jurisdiction with strong government support. The approximately 750-hectare Imerys mine has a production capacity of 25,000 tonnes of graphite per year, and being next-door neighbors Graphite Energy's Lac Aux Bouleaux property shares many geological and structural conditions with Imery mine. The company has just announced a drilling program scheduled to start next month.
" Our property has a lot of potential because we have historic graphite mineralization, many showings and electromagnetic conductors, which we believe could be extensions of the known mineralization, " said Joanne Freeze, Geologist/Technical Advisor of Graphite Energy.
Elon Musk: Our Lithium Ion Batteries Should Be Called Nickel-Graphite...
Tesla CEO Elon Musk once said that the batteries used in his company's vehicles should be called "nickel-graphite" instead. His claim that lithium-ion batteries should be "rebranded" has significant merit: a lithium-ion battery is made up of only 2% lithium in cell mass, while graphite, the anode material, takes up 33%. Hence to make a battery, you need 20 to 30 times more graphite than lithium. This means graphite is an essential part of our lives - all portable devices that we use need to have rechargeable lithium-ion batteries. It'll become even bigger once more electric cars like the Tesla Model 3 hit the road.
The fact that usable graphite is so limited, compounded by literally every carmaker moving into electric big time (Volvo, GM, Ford etc. strive to become all-electric), makes this a material companies are going to fight for to get their hands on. While it's true that graphite can also come "artificially" using synthetic processes (i.e. in China and India), these are harmful to the environment and are being phased out globally toward extinction. There needs to be more graphite produced naturally through mining. It is forecasted that Graphite prices are set to explode in the near future as the electric car becomes the norm for automobile consumers.
Benchmark Mineral Intelligence analyst Andrew Miller said: "For the first time in over five years, we're now seeing consistent increases in pricing due to supply-side pressures. At the same time, you have the emergence of new demand from value-added applications such as expandable graphite and spherical graphite for lithium-ion batteries."
High-Quality Graphite On Its Way
Last month, Graphite Energy received their first batch of surface sampling results from Lac Aux Bouleaux, yielding 2.2% to 22.3% graphitic carbon, half of which was considered high-grade (jumbo or large flake graphite). This result is significant: In this industry, a grade of 5% is already a big breakthrough and viable for applications. But for a material that relies so much on quality, Graphite Energy's results - as confirmed by the company - warrant further exploration.
Indeed, more drilling is just up ahead. The company has planned a drill program in early March to follow up on the recent sampling, as well as to test targets on which historical exploration was conducted in the late 1950s and again in the early 1980s. As more and more graphite drilling results are disseminated in this commodity market, the public will gain a better understanding of the importance of what is already a scarce but indispensable material powering our world.
Furthermore, we will be seeing more of graphite as a key part of batteries in future headlines. Samsung is already experimenting with a unique battery made of graphene - a thin layer of conductive material derived from graphite - that could increase capacity by 45% and boost battery charging speed by 500%.
At the moment, the battery sector has mainly focused on the following big players:
Tesla Inc. TSLA, -2.22%
Tesla and its CEO Elon Musk are looking to revolutionize the entire auto industry and the renewable energy sector, pledging a fully "green ecosystem". The company is known for making the best-selling electric car models in the world, with Model 3 being its latest signature vehicle. This month, Tesla's total vehicle production surpassed the 300,000 mark. Its goal is to raise that to 500,000 by year 2020. For its car batteries, Tesla uses those made up of small lithium-ion cells like the ones found in portable electronics rather than individual large battery cells of other automakers. In terms of milestones in renewable energy, the company built the world's largest lithium battery last year in Australia. The battery, connected to a 325 MW wind farm, could store enough energy to power 30,000 homes in one hour.
Albemarle Corp. ALB, -4.28%
Albemarle currently has its lithium operations at a number of locations worldwide. In Chile, the company is producing 125,000 tonnes of lithium carbonate per year at the famous Atacama salt flat. Expansion plans are also in place at Atacama, with a new production plant scheduled for construction in the early 2020s. In the U.S., Albemarle is working the Silver Peak lithium brine mine in Nevada, which it purchased through its acquisition of Rockwood Lithium in 2015. It's estimated that over 300 million pounds of lithium carbonate have been produced at this mine since 1966. The company also has a strong presence in Australia, where it plans to follow the lead of its Chinese JV partner Tianqi Lithium and build a lithium hydroxide plant at the Greenbushes mine.
FMC Corp. FMC, -0.37%
FMC operates its lithium business in Argentina at the Salar del Hombre Muerto. Recently, the company announced that it would invest $300 million to double its production to 40,000 metric tonnes per year at the salar by 2019. Back in 2016, FMC entered an agreement with Canadian company Nemaska Lithium, under which Nemaska would supply FMC with 8,000 metric tonnes of lithium carbonate annually beginning in mid-2018.
SQM SQM, -4.20%
Chilean mining giant SQM is mainly focused on its operations at the Salar de Atacama, where the company had a long dispute with the government over project royalties until it was resolved in early 2018. In addition to its Chilean operations, SQM also has a joint venture with Lithium Americas develop the Cauchari-Olaroz lithium project in Argentina. First production in Argentina is targeted for 2020.
However, the backbone of these big players is graphite. Without graphite, no lithium-ion battery would be able to function. This is why graphite could grab more headlines as the world shifts to 100% electric vehicles.
Natural Graphite Is The Future
The fact that natural graphite is just so rare and that synthetic graphite (which makes up 60% of global battery anode material) is getting axed for environmental reasons, battery makers like Tesla and Samsung will be lining up the moment natural graphite from Quebec becomes available.
Companies like Graphite Energy now have the responsibility of replacing virtually 60% of our batteries from their mines. Believe it or not, the future of batteries has everything to do with graphite.
For more information on Graphite Energy (OTC:GRXXF) (CSE:GRE), please visit Microsmallcap.com for a free research report.
$GRXXF looking like today we break $1.00 Nice strong and steady grinder here. Grabbed a few more yesterday. Nice spot to park some. Only up from here.
wow 0.99 and close to half million volume, here we go
Right you mentioned it yesterday. It came on my mind imediately lol
I wasn't far off lol
$GRXXF looks like it will break past $1 after Lunch.
Yup, Chinas regulatory and enviromental tangle has screwed up graphite supply big time. Back in the 90's they put the rest of the world out of the graphite mining business, even though the mineral is plentiful in Canada, no one could compete with their cheap labor and lax environmental practices. Now all that has come back to haunt them and they cant sustain the markets they created. Demand is at an all time high as graphite is a key ingredient in the batteries that power emissionless vehicles. But these manufacturers are driven by green principles and people like Elon Musk of Tesla Motors has publically vowed to steer clear of China's dirty graphite. As all the major carmakers are throwing their hat into the ring of the E vehicle trend, the demand is far outstripping the ability of the world to mine, and this situation will sustain for at least 5 years at current levels. This has driven graphite prices to all time highs! Which is my its the best time in human history to be in the graphite mining business, and a great time to get a piece of $GRXXF before it hits the moon.
Thanky ou for this article
$GRXXF breakout! Read this to understand this sector: "Why Graphite Mining is Headed for a d for a Global Bull Run"
https://finance.yahoo.com/news/why-graphite-mining-headed-global-130000115.html
ACCESSWIRE ACCESSWIREFebruary 28, 2018
VANCOUVER, BC / ACCESSWIRE / February 28, 2018 / Graphite production in North America is set to explode. Ever since Tesla (TSLA) CEO Elon Musk revealed that lithium ion makes up less than 2% of a battery, and that a lithium ion battery is “mostly nickel and graphite,” savvy investors have been googling graphite like mad. Lithium miner Albemarle Corp. (ALB) saw a 3.7% premarket drop this week as Morgan Stanley downgraded shares, and forecasted lithium prices to fall 45% by 2021. Miners of the mineral nickel, like Lundin Mining Corp. (LUN) and Garibaldi Resources (GGI) are already seeing an explosion in investor interest – by the end of 2017, Garibaldi had seen growth of 2,351%, and was just named number-one stock to watch on the TSX Venture 50 list.
The most graphite-rich geography in North America is in Québec, and a junior mining company already on the move in the market is Graphite Energy Corp. (GRE) (OTC PINK:GRXXF).
This bodes well for the future of graphite, the other half of the nickel and graphite equation, and the mineral is now showing up on mining investors’ radars, but stocks are still trading low. Benchmark Mineral Intelligence predicts that demand for Graphite is set to increase 200%. With exploration and construction already completed, drilling is set to begin on March 10 on its Lac Aux Bouleaux Graphite property.
China Loses Market Share, Opens Graphite Production Opportunities in the West
In 2016, China controlled 66% of the world’s graphite production. Now China is cutting back on many strategic mineral exports, including graphite. Why? China’s production process of producing synthetic graphite is extremely detrimental to the environment. EV Corporations, like Tesla, whose identities rely on a “green mentality” , will be much more inclined to purchase graphite from North American sources that produce natural graphite flakes that do not pollute the air. And while China regroups, the west has an extraordinary window of opportunity to build a new, fully domestic resource supply chain, reducing the foreign dependence that dominated the fossil fuel era.
It is vital that the North American mining industry taps its natural graphite resources to reduce dependence on foreign producers, especially as the dominant producer – China – has had to take a step back due to environmental regulations.
Graphite Investing News reported that between mid 2016 and late 2017, prices for fine flake graphite rose by 36%, hitting an average of $863 per tonne, while medium-flake prices increased by 31% to reach $953 per tonne.
With reports of consistently rising valuation, it is clear that North American graphite producers have a massive untapped resources, and that is why North American graphite companies, such as Graphite Energy, are putting resources into extracting exploration data.
Other mining juniors are beginning the discovery and exploration phases at project sites in Québec and Alaska. Graphite Energy Corp.. is already ahead of the competition because they have completed the exploration phase, and actual drilling is set to begin, positioning the company as a potential frontrunner in graphite production in North America.
Exploration data already shows the property contains a high proportion of large graphite flakes – and that is the most commercially valuable form of mineralization. The company’s technical report, authored by a consulting geologist at Hinterland Geoscience and Geomatics, confirms the presence of large flake graphite mineralization on the property.
Technical reports have confirmed that Graphite Energy’s Lac Aux Bouleaux property has a sampling grade of 22%. Considering that in the graphite mining industry even a 5% grade is considered viable and valuable, this is like ‘striking gold’.
The site is located right next to the Imerys graphite producing mine, which is the largest and most prolific producing graphite mine in North America. It is already confirmed that the Lac Aux Bouleaux (LAB) Graphite Property is comprised of a contiguous block totaling 1,824 acres, in an area where the graphite grades are among the highest in the world.
With the drills assembled and due to break ground early next month, Graphite Energy is positioned to move graphite to market faster than other junior mining companies.
Supplying Clean Energy to Domestic Markets
Clearly, graphite is a rising commodity of the future because it is a key element in breakout technologies affecting global economic and environmental changes that are coming as the world looks for ways to reduce emissions.
Gold Stock Trades publisher Jeb Handwerger told Business Television, “today’s industrial based economy has entered a new age of sustainable energy focused on strategic mineral production. Of all the strategic minerals in play, Graphite offers the greatest opportunity for growth, as it is a key element required for the extraordinary growth of the lithium ion battery sector.”
A MINING.com study forecasts that battery-technology metals will out-perform precious and base metals in 2018. With the demand for graphite growing on global scale, the key to success will be processing the graphite to meet the needs of the battery manufacturers, as graphite companies begin to see a major boost in production demand.
Deloitte’s 2018 Tracking Trends in Global Mining Report highlights graphite as a commodity currently in the spotlight. Like lithium, its demand is linked to battery power and storage, driving analysts to predict that demand for battery-grade graphite will triple by 2020. While China supplied just under 70% of the graphite used in 2016, rising costs, grade depletion, and stricter environmental regulations may see the country’s share of the market drop.
With demand hitting its stride, and the global supply chain disrupted, the race to mine and produce graphite in North America is on, and smart money bets on the producer who can get product to market first. While graphite has been revealed as a key commodity of the future, investors have an opportunity to get in while stock prices are still trading low.
The future is bright for graphite mining companies in North America, but especially so for Graphite Energy Corp. (GRE) (OTC PINK:GRXXF), as the company is emerging as the first junior set to begin drilling.
Comparables:
Tesla, Inc. (TSLA) formerly Tesla Motors, is an American company specializing in electric automotives, energy storage and solar panel manufacturing. Founded in 2003 by CEO Elon Musk and based in Palo Alto, California, the company specializes in electric cars, lithium-ion battery energy storage, and residential photovoltaic panels through its subsidiary company SolarCity. Tesla CEO Elon Musk has said that he envisions Tesla as a technology company and independent automaker, aimed at eventually offering electric cars at prices affordable to the average consumer.
Albemarle Corp. (ALB) Albemarle has lithium mining operations worldwide. In Chile, the company is producing 125,000 tonnes of lithium carbonate per year at the Atacama salt flat. In the U.S., Albemarle is working the Silver Peak lithium brine mine in Nevada, which it purchased through the acquisition of Rockwood Lithium in 2015. It’s estimated that over 300 million pounds of lithium carbonate have been produced at this mine since 1966.
Lundin Mining Corp. (LUN) Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, the United States of America, Portugal, and Sweden, primarily producing copper, nickel and zinc. Lundin Mining holds an indirect 24 percent equity stake in the Freeport Cobalt Oy business. The company was founded in 1994 by Adolf Lundin, and is headquartered in Toronto.
Garibaldi Resources Corp. (GGI) is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in Mexico and British Columbia. One of Garibaldi’s primary focuses is its E&L Nickel Mountain project in BC’s Eskay Camp, where the company began drilling in August 2017. Garibaldi took the number-one spot on the Venture 50 list across all five sectors. The company had seen growth of 2,351%, putting its market cap at over $238 million.
They have the fifth largest mind in the world!!
Wow! hollaaaaa at a playa!China closing down 30% of production and the push for natural vs synthetic will makes this baby jump.
Drill baby drill..Go $GRXXF!!!
$GRXXF that dollar getting so close I can almost touch it
$GRXXF HOD .989! Breakout to dollar land here we come!
Graphite is a hot commodity at the moment and for good reason: it is expected to play a leading role in the world’s clean energy future.
Yesss...0.96 back up for $GRXXF
$GRXXF Churching you mean? ohhh i didnt aware this stock got saved! LOL
I completely agree. Makes me question things....
Thanks for the article, I don't think anyone has posted that one yet. It is rather odd that they still call them lithium batteries..
Morning players, dont know if this has been posted yet. take a lookski.
https://www.marketwatch.com/story/the-vital-electric-car-battery-component-no-one-is-talking-about-2018-02-27
The run up to March 10th when they start mining should be awesome.
Heightened Demand from Graphene
The hottest trend in most scientific journals, is a material derived from standard graphite, like the kind found in everyday pencils. But when graphite is shaved to extreme thinness; it is the thinnest material known and behaves in truly astonishing ways.
Advocates of graphene technology argue that it can be used to create materials 200 times stronger than steel, better at conducting both heat and electricity than copper, and sufficiently flexible that they can be used to form super-strength “tubes” for use in construction, for example.
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Graphite Energy Corp is a mining company, that is focused on developing graphite resources. Graphite is one of the most in demand technology metals that is required for a green and sustainable world. Graphite Energy Corp. has state-of-the-art mining technology that is friendly to the environment. Our mine, located in Quebec Canada, has historically been a natural resource for graphite. With the demand for graphite growing on some of the most prominent and cutting edge industries such as solar and lithium batteries in electric cars and robotics, we have updated our technology to meet the demands of the future.
Graphite has made a major impact in some of mankind most pressing issues and future initiatives. Graphite is now being used to store power in batteries within Tesla home batteries as well within any and all electrical car batteries, mobile phones, laptops and anything else that requires a battery. Tesla has now began sales of their solar roofs and without graphite there will be no batteries for this power to be stored in.
This precious resource is also now being implemented in one of the largest issues that mankind faces, 'Fresh Water". Graphite is being used in desalination plants to remove salt from ocean water. The world is lacking fresh water and graphite is the answer to solve this pressing issue.
Robots require graphite for their battery packs and for their production, as graphite is lighter and stronger than steel. Larry Page the founder of Google and 'smart money' are investing heavily in robotics and artificial intelligence as robotics will be mankind's future. Graphite will be part of the solution for the mass manufacturing of Robots.
A new generation of nuclear reactors called ‘pebble-bed nuclear reactors’ also use large amounts of flake graphite. This technology means nuclear reactors can be smaller, and easy to use. Graphite and it’s applications are fast-growing!
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