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$30 million in non dilutive funding will set TPAC back on the right track.
Soon to be uplisted to OTCQB.
It really is a New Industrial Carbon Revolution. Great time to be in GRXXF.
GRXXF the next thing we need to hear from the company is the size and percentages we are turning up at the old graphite pit drilling site.
EOD .92. Solid support now above 90 it seems. Great volume too. GRXXF looking great to see a dollar by next week for sure.
Yes the chances to run into heavy graphite mineralization as we drill seems very much in GRXXF'S favor.
GRXXF is drillling at a former graphite pit. The results from early sampling show carbon levels as high as 20% on the surface. They are adjacent to one of only 2 remaining producing graphite mines in Canada and this one is the most productive for graphite.
Crazy! Volkswagen alone will require 200 GWH of Lithium Ion battery (which are mostly made of graphite) power for their efforts vehicle manufacturing projections by 2020. But the entire world industry can only produce 266 GWH in that time. It's a supply side crunch that somebody is going to prophet by very nicely. $GRXXF
"Eventually batteries will come to dominate graphite demand, and global production capacity will have to grow to over 10 times its current size before the draw from battery production even begins to slow down."
This is HUGE for $GRXXF. Put your helmets on boys, this ship is heading to da moon!
Power Hour up almost 6%. Wonder if can sustain above .95 at EOD. That would definitely show watching eyes time to get in before we hit a dollar.
This really is a perfect storm of rising exponential demand for graphite due to the electrical vehicle boom and the need for lithium ion batteries and a tight noose on global supply due to China's cheap Graphite. But the price is going through the ceiling and Canada will lead the way in stepping up graphite supply. GRXXF is the early bird here.
Looks like our prospecting is turning up large flake graphite at the moment. Almost double what medium is going for. But if we could find some Jumbo flake that would be excellent. It's going for 3 times as much as large atm. And by 2020 it will be almost 5xs as much as large!
TPAC has bought some time with debt restructuring. Let's see if they can make any worthy moves before July.
You ever heard the old traders motto: "Buy the rumour, sell the news?" Haha you're looking at a great example of that. By the time every Tom, Dickinson and Harry is posting on a stock you are normally post pop. This is the time to get in before all the chasers arrive IMHO.
$GRXXF HoD is .95. Crossing into dollar land will be a huge moment psychologicaly and it will pull in an additional type of investor.
Good to be sustaining in the 90s. A good sign for next leg up.
BitTraderLive should be launching this month right?
I don't have any literature for you but simply issuing more shares drives the price of the stock down. So it's bad for investors. Crowdfunding is a nondillutive way to raise funds for new revenue generating initiatives plus it creates community around a product and generates buzz around a product. The company is getting paid to have other people market for them organically. Plus those who participate in the Crowd funding have the loyalty of early adopters, they are likely to remain loyal customers. Issuing more shares charges investors more to fund new initiatives. Crowd funding creates loyal customers and fans who become part of a built in market. And who wouldn't want to invest in a company with a grass roots base of customers like that?
Great time to scoop it up. Anything under 10 is a huge bargain.
ADAC is heading back over dime land at least. Check the historicals and read the latest PRs. But before that a day or two of consolidating our liquidity pool is quite normal.
Warren Buffet said unless you can learn to make money while you sleep you will never be rich. Well owning a part of a company that has cool little ebikes that can be rented with an app that gets tracked by GPS sounds like it qualifies
TPAC getting some love on Twitter: https://twitter.com/search?f=tweets&vertical=default&q=$TPAC%20%22E-bike%20ICO%20is%20progressing%20well.%20Targeting%20pre-ICO%20next%20month.%20We%E2%80%99ve%20tested%20distribution%20plan%20with%20success%20in%20So%20Cal%20&%20getting%20interest%20from%20Europe.%22%20#Invest&src=typd&lang=en
Volume is turning on. The market likes the news. Drilling means graphite and graphite means $$$!
GRXXF breakout! Looks thin to 90, dollar land coming up!
GRXXF: Tommorow we should burn up those 90s
I'm sure they've got some strong analysis on thier side. I was basing my claiming 85 as support on the old "Dang we churned a long time right under 85" method.
And of course I'm really looking forward to the day when they sign a contract to supply graphite direct to Tesla's factory.
We know several different things from today's PR: we know that permits have been obtained, that drilling has begun and you can bet they are eager to find what grade and size flake of granite they are dealing with. I imagine our next PR will deal just with that.
Sounds like a good idea.
I think we'll test that level again tommorow.
Well there's still a lot we need to here,like what percentage carbon we are turning up at the old graphite pit, what size flake and most importantly: does it warrant further drilling.
Well we've long predicted that some news on the drilling would break us out of the lateral trading and it seems to have done just that.
Well we know for certain based on the PRS there will be no RS before July if at all. So there is still time to turn this tank around.
You mean CryX token, don't you?
Check this out! Cryptocurrency going more and more mainstream. Now Goldman Sachs funded Circle Pay has acquired Poloniex crypto exchange for $400 million. Great time for CryX getting ready to launch on BitTraderLive.com:
https://cointelegraph.com/news/breaking-mobile-payments-app-circle-acquires-crypto-exchange-poloniex-for-400-mln
There's a alot in what you are saying good sir. Fundamental analysis on the one hand is one thing. On the other hand "if it moves, I'll trade it" analysis has made many a trader a nice quiet fortune.
Any news if the $GRDO online store has made any new sales?
So it states there are 14 claims. I presume that the drilling that has commenced around the old graphite pit is 1 claim. And if the results are encouraging the other claims could be drilled as well? It could a real potential goldmine for $GRXXF!
Great news indeed. Implicit in the PR is also that any permit issues have been buttoned up. Let he REVENUES commence $GRXXF!
Well we've already broken past the .85 resistance that was holding get us back. If we can sustain above this for a good part of the day it will be new support for the leg up into .90s.