good read

With great gold finds / other possible metals and now a graphite side to the story with possible grades of 15% it almost put a "almost too good to be true" glow to GNH. Gotta steady the boat here, lol, but I have to admit I'm quite excited for 2012 and that maybe,, just maybe this small time investor might have finally found the right ship to sail on.

D

http://newsblaze.com/story/20110921153157zzzz.nb/topstory.html

MG: We're very excited about Northern Graphite. Its Bissett Creek project has the largest flake material ever produced in the industry that we've seen. We believe the value of its production is just under $3,000/ton. The grades are respectable at about 2.5%, implying operating costs of roughly $1,000/ton.

The project doesn't require a lot of capital, especially when you compare it to a lot of other mining projects outside of the graphite space. We believe the company can build the project for about $70 million (M) and be up-and-running in the second half of 2013, producing about 20,000 tons /year.