Good post Wayne but it sounds more like frustration than logic. It is very true that we dont know all that much about this market. Learning about the graphite market is like that old saying about the universe (maybe it was Carl Sagan or Steven Weinberg) - the more we learn about it the more we realize what we don't know about it. However, it is forums like these ones where investors have been able to at least combine minds to try and figure it out. It is here we all decided this was a huge prospective blue sky once in a lifetime property.

But indeed, we are left to guess at what is really going on behind closed doors. I don't think lat weeks news release verifies we are in the dark, we were just all caught up in 'what if' scenarios. For example, if this release was an update prior to a non-finite schedules PEA it would have been seen in a different light.

All investments are gambles, one just trys to mitigate the risk and see the possible benefit by proper DD. Up to the point that the PEA was delayed there was nothing this managment team did wrong - everything was methodical, solid and pretty fast paced. It was really the double whammy of the PEA delay and the Cliff selling that has sunk the stock.

I think we deserve more information than we have been getting but we either have to believe in the strategy or bail.

At this point, I want to know what the strategy is post PEA. I have not spoken to AE yet but hope to this week, that will be one question.