VXL 0.00% 11.5¢ valence industries limited

any ideas?, page-22

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    Could this have anything to do with the graphite stocks being down, the future potential demand from Tesla Motors seems to have been shut down and confirmed?

    http://washpost.bloomberg.com/Story?docId=1376-N20N5B6S973501-7LOUQNM1FCU26QI1KES45ESLEQ

    March 31 (Bloomberg) -- Tesla Motors Inc., the electric vehicle maker co-founded by Elon Musk, plans to use only raw materials sourced in North America for its proposed $5 billion U.S. battery factory.

    The Silicon Valley company won’t look overseas for the graphite, cobalt and other materials needed for its so-called Gigafactory, said Liz Jarvis-Shean, a spokeswoman.
 
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