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Re: MikeyLikesStocks post# 463

Friday, 02/09/2018 3:35:21 PM

Friday, February 09, 2018 3:35:21 PM

Post# of 1795
Whoa! That's HUGE! The company should PR that. There are only 2 working graphite mines in North America so it's like a guaranteed market for GRXXF. Nice find!

"When Tesla announced that it would be building a $5 billion dollar facility in conjunction with other battery manufacturers as a partners, one of the first question was – where will Tesla source its raw materials?

Would the graphite, cobalt and lithium come from places like South America, China, the Congo? Or perhaps even some resources from the USA?

It turns out Tesla is going to stay at home and source everything from North America, and the reason isn’t cost (as it is quite likely more expensive to acquire resources abroad), but rather the environment."