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Posts | 56098 |
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Alias Born | 08/11/2002 |
Tuesday, April 17, 2012 2:42:06 PM
Very interesting graphite play forming here.
Investors really like the fact that the company has confirmation and proven large flake graphite reserves. De-risks the play.
The property is open at depth,north and south of the current mineable ore body shown by historical drill confirmation. There is great upside potential to add to the mineable ore body. metallurgical tests look really good with solid recovery rates and good percentage of large flake graphite.
With a market value based at $6.24 million we see plenty of upside here as this story plays out.
fringe
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