Re: Merrill Lynch exiting its position?
posted on
May 23, 2015 05:03PM
Merrill Lynch, Euro Pacifac and GMP all unloaded large positions . Could this mean they have some insights into the current resource calculation .
There has been talk on other sites of a small resource referred to as a "Mom & Pop" operation It has also been described as a initial small deposit but with a rolling resource that may add to the tonnage.
This rolling resource concept bothers me. If you had any idea of further graphite you would include it in the initial calculation. The idea that you start an operation with the hope to find more later is ridiculous .