criterion

From the OZ Tim Boreham if hasn't been posted yet...

"Gold Anomaly (GOA) 0.7c

MENTIONING graphite yesterday proved a share-price treat for this tiddler, which has focused on its flagship PNG Crater Mountain gold project .

Gold Anomaly also holds the Jolly Tar prospect in far north Queensland, last troubled by a drill bit when Pancontinental poked around for gold 23 years ago.

Management has looked at the old results and found that 53 of the 59 holes logged visible graphite of more than 50 per cent.

"Should a commercial graphite deposit be proven", the area has infrastructure servicing OZ Minerals' nearby Century mine.

Steady on, chaps.

But given the lowly valuation we'll keep the spec buy we had at 3c last December.

Also yesterday, nickel explorer Kibaran Resources (KNL, 28c) unveiled an extensive three-month graphite drilling program in Tanzania, after unveiling high-grade flake graphite.

We'll avoid Kibaran shares given their run-up from 4c in May.

Graphite might have many industrial applications, but so do rare earths and minerals sands and that hasn't stopped prices from falling."