USA GRAPHITE INC Ein Zocker-Papier??
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Eröffnet am: | 09.01.13 09:41 | von: Ernesto44 | Anzahl Beiträge: | 88 |
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Especially because after the close it was announced that USGT is serious about acquiring the rights to the 787 acre Ruby Mountain graphite property, about 25 miles southeast of Elko, Nevada. Ruby Mountain has some very positive geology that was in excess of management expectations, according to the press release.
We can see that the company is progressing with its plan to acquire graphite properties that are close to its existing leases in order to maximize the efficiency of its team of geologists and its drilling equipment. This is very important in an early stage company like USGT because it reduces the companys cash burn while it is still exploring and not yet getting revenue from mining operations.
The last time management announced a letter of intent to acquire a graphite property was for the Gordon Creek property. The company concluded the deal to acquire Gordon Creek just days after the letter of intent was announced. We cant be sure that USGT will be so quick this time but notice of an acquisition could come sooner rather than later.
Dont let the recent down trend cause you to hesitate. The bears have shot their wad and they are all losing money. With todays positive announcement and the likelihood that it will be followed up with the announcement of an actual acquisition sooner rather than later, the share price could rally back through last weeks highsespecially when the shorts have to cut their losses by buying back their shares. You would want to miss out on that, would you?
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/ CORRECTION - USA Graphite, Inc.LAS VEGAS, NV, Jan 15, 2013 (MARKETWIRE via COMTEX) -- In the news release, "USA Graphite, Inc. Acquires the Ruby Mountains Graphite Property" issued yesterday by USA Graphite, Inc. (OTCQB: USGT), we are advised by the company that the headline should read "USA Graphite, Inc. Is Set to Acquire the Ruby Mountains Graphite Property" rather than as originally published. The acquisition of Ruby Mountains Graphite Property has not yet been completed. The full corrected text follows.USA Graphite, Inc. Is Set to Acquire the Ruby Mountains Graphite Property
Rohstoff-Perle aus den USA bietet Potential zum Verzehnfacher
http://www.aktienexplorer.com/nl/13_11_usa_graphite/