SER 9.09% 1.0¢ strategic energy resources limited

transaction update, page-24

  1. 27,746 Posts.
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    Yes zog, I wonder given where all the action for graphite is coming from-Nth America,why didnt SER come up with a ADR?.

    http://community.nasdaq.com/News/2011-09/matt-gowing-hunting-for-profits-in-rare-graphite.aspx?storyid=95365

    COMPANIES MENTIONED : ARCELORMITTAL S.A. - ARCHER EXPLORATION LTD. - CHINA CARBON GRAPHITE GROUP INC - CLIFFS NATURAL RESOURCES INC. - FOCUS METALS INC. - NORTHERN GRAPHITE CORPORATION - STRIKE GOLD CORP.

    Read more: http://community.nasdaq.com/News/2011-09/matt-gowing-hunting-for-profits-in-rare-graphite.aspx?storyid=95365#ixzz1cRU83DL0

    Matt Gowing: Hunting for Profits in Rare Graphite


    Could the market face the risk of another price drop if more projects come into production?

    MG: Absolutely. Prices are going to be driven by the dynamic of supply versus demand, but new mines take a number of years to be completed. And not every mine will prove to be commercial. There could still be a prolonged period with strong graphite prices and moderate increases. However, our long-term modeling for graphite companies is conservative. We are taking into account increasing supply. After continued modest increases in the graphite price over the next few years, we are looking for prices to moderate in the order of magnitude of about 25% from where they are now.

    Read more: http://community.nasdaq.com/News/2011-09/matt-gowing-hunting-for-profits-in-rare-graphite.aspx?storyid=95365#ixzz1cRUhfdOQ


    Dollars to diamonds ,you can bet had we a ADR,it and our SP would have gone through the roof on knocking back the Chinese.



    Raider
 
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