Could this be a contributing factor of why holders are excited??
KNL ON may 9th 2012 ANN:-Kibaran Adds Graphite to Tanzanian Exploration Activities
Share price:- 3.8c runs to 16.2c within 2 days starts an uptrend which has continued to this day on the back of nice graphite results from Tanzania to the current price of 61c a nice 16 bagger! or market cap rerate from $2mill - $33mill in 3 months
other notable graphite stock performances
SYR:-April 12th 2012 price 67.5c ran to $3 current price:- $2.92 (aquisition and nice results) and also have graphite project in Tanzania
SVM:-august 7th 2012 price 15c ran to 47c current price:- 38c (aquisition only news)
You can't really compare stock to stock unless they share the same asset or ground but there is no denying just having a graphite project has a real potential to rerate the stock and fast Also to note this was an unexpected aquisition so the share price is yet to factor it in and if good reults from Jutson follow shortly after this it could also further steer it into an uptrend IMO
Turbo
ZMI Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
