I guess BUX and TON cannot be compared directly given TON's much larger resource but contrastingly much higher grade. TON is also a much purer graphite player compared with BUX which seems to have their hands in everything (Ni, Gold, Cu, Fe and graphite), not to mention their nearology enabled them to catch the SYR wave in recent weeks.
Current resource size and timing of announcements have really set BUX back from what could've been some serious sp gains. If BUX was in a position to release such assay results only 3-4 weeks prior, their sp would've soared to incredible heights.
Now with SYR, the grand-daddy of all graphite juniors, having their sp pounded left, right and centre (decline from heights of $6 down to nearly $5 this morning), naturally punters catching the graphite wave are slowly leaving the field. Will sentiment return in the graphite space? It is possible, but probably only after fears of a graphite bubble subsides and punters realise this commodity is a real gamechanger and no other sectors deserve as much attention.
BUX Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
