Emerging Graphene Technology Company
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
Message: Nice buying today leading to a breakout candle on the chart!
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| It was nice to see the buying come in today. The stock has been under accumulation for the last few weeks and today we ran out of sellers in the $1.05 range so the buyers had to buy up the ask. The chart looks really nice now as others have commented. No clear reason for the buying though as we are in the summer doldrums with no news for a few weeks now. However, I still like the implications of this find: Mr. Bubar added, "The NOHFC and the government of Ontario are to be commended for recognizing that Northern Ontario's mineral wealth can be leveraged to create the full energy storage supply chain in the province as it becomes a leader in taking advantage of the growing economic opportunities being presented by the transition to a low carbon economy." Mr Bubar of course is the CEO for Avalon which is developing the Lithium deposit in Kenora which is a hop, skip and a jump from Thunderbay. The comments are very clear, said another way: The gov. of Ontario has recognized the mineral wealth of Northern Ontario and they plan on leveraging these minerals to become a vertically integrated leader in the full energy storage supply chain. Mr Bubar is also a consultant to Zenyatta and as such, would be privy to conversations from the gov of Ontario to both his lithium project and our graphite project. It seems he has received information that the gov of Ontario has a plan that includes the development of both companies' deposits to become a world leader in battery manufacturing, ie we will have our very own Gigafactory in Thunderbay! Choo Choo, Glorieux |
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