Anyone who was not impressed by GOA's announcement is brain dead.
Under the radar it managed to extend its ground so much so that the economics of a mining program got just that much better.
So the price only moved fractionally. However given goa's fall over the past 9 months its struggle to get off the canvas is understandable.
Also criticism that the results were old, almost 30 years i think, somehow negates there value. I don't think any self respecting GEO would support this proposition.
Moreover, Pancontinental (PCM) was looking for gold at Jolly Tar in 1983, graphite was a negative, so if anything it was in its interest to downplay its presence not to highlight grades of 50 per cent plus.
In mining, they say, grades and ease of mining are everything. Jolly Tar has both _ and its not too far from a port. Any more stars lining up like this and you'd go blind.
Lastly, Mr Lingis talk about "drivel", the poster who claimed graphite is just good for pencil tips takes the prize.
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