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I think so to great push on GRXXF
$GRXXF kicking but and taking names. This dollar move brings in a whole other category of investor who know have GRXXF on radar.
Me too, I'm looking at the chart what a move, Vwap acting as res now, I want to see this dollar and vwap become support now, Only more good news to come here for $GRXXF
Exited to see today the developments
Good morning everybody! Good to see you all!
Right Blockchain, good morning to you too!
Morning italianNYC! $GRXXF nice battle yesterday and can wait for today!
Graphite is the vital component of battery making in Electric Vehicle, 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), Graphite prices are set to explode in the near future as the electric car becomes the norm for automobile consumers.
Good morning Simmons420!!!
Good morning Simmons, right, great day yesterday, the breaktrough over dollar must become firm today.
Good Morning $GRXXF what a great day yesterday !!!!!! Looking for a strong push here end of the week. Now that we have broke that dollar lets see if we can now hold as support and build a new base here above a dollar, Way to go longs here.
In fact I think Elon Musk has gone on public record stating Tesla will only buy North American graphite due to the China environmental concerns.
"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."
Great to be the early bird on this play. $GRXXF
Graphite is a Mineral that is going to be soaring soon. Tesla says it is their main ingredient in their electric powered vehicles. If you have just invested into $GRXXF The stock has been growing daily and the company's presence has been too.
Link: https://microsmallcap.com/basic-materials/graphite-energy-shares-5-5-upcoming-drilling-confirm-high-grade-results/?utm_source=Aimtell-DM&utm_medium=push&utm_campaign=Aimtell-DM_GRXXF_High-Grade_push_21-65_cmt_200021 …
I think GRXXF will sustain the breakout. I'm expecting even more gains.
Nice to here a good report from HQ: "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’."
Global Bull Run in Graphite is exactly right!
China used to own 66% of world graphite market share. But they've had to shutter 30% of their facilities and are becoming a net importer of graphite. The rising demand of lithium ion batteries for emissions less cars (actually very little lithium, mostly graphite) means the demand is expected to grow by 10x in the next 5 years according to some analysts. Even if China reopened all thier mines we would have a colosal supply side crisis on our hands that won't go away for many years. Simple math demands that more mines get opened. And the price is going through the roof so thankfully it's a lucrative proposition to be opening up graphite mines. $GRXXF is sitting on a money fountain.
This is a very nice article about $GRXXF.
This will be the resonable closure of the week
You can build a town
This Article Predicted It! The "bull run" of the rising graphite market but also our "bull run" into $1 territory today:
https://finance.yahoo.com/news/why-graphite-mining-headed-global-130000115.html
Why Graphite Mining is Headed for a Global Bull Run
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 $238 million.
If #GRXXF maintaining that 1$ spot for tomorrow nice buy still coming in!
"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 rising price of graphite in the era of the e-Car makes this TRUTH! GRXXF Set to make a bundle!
Chart shows a decisive breakout past all resistance. Look at all them buys! GRXXF!
https://www.barchart.com/stocks/quotes/GRXXF/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=EXPMA(9);HLMA(10,8)&sym=GRXXF&grid=1&height=500&studyheight=100
Another day of strong volume. Should be able to sustain this support level. GRXXF!
Lets build our new base here at 1.00 $GRXXF
George Downing Estate Drilling LTD. from Abitibi, Quebec will start the drilling on March 10th. So less than two weeks away.
$GRXXF'S LAB property where they have just started drilling consists of 14 claims over 738 hectares. Tons of room to move and grow.
Digging at the LAB property has just begun after exploration work showed samples with as high as 22% graphite carbon! GREAT for $GRXXF!
and will not stop
Sustaining above $1 on high volume. A definitive breakout and an important milestone, at least as far of the psychology of price for GRXXF. There's a whole other class of investor who will now look this way just because it's broken the $1 barrier.
Its really miraculous stuff, and GRXXF is sitting on a property adjacent to the highest producing graphite mine in North America. Its one of only 2 that didnt get shut down during the the decades long dominance of the Chinese in that sector. But now that the era is closing, China is becoming a net importer of graphite and prices are soaring because of e car trend. Canada is going to see a "gold" rush as dormant graphite mines are fired back up to meet the multi billlion trend. GRXXF is the early bird.Great time to get in.
right, maybe we can see even something more today, the power hour is running
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.
new here? Check the video: https://vimeo.com/241094207
Technical analysis looking encouraging here, 24% over 20 day moving average. $GRXXF!
Looks like that $1 support could be solid.
exactly, thats make a change, the future is bright for GRXXF!
Great base to be at :)
Want to know why we've moved over a dollar? Read this: "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
come on! good to see great news even before the Power Hour, exited!
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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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