Graphite Investors Beware - Prices Are About To Collapse

This is an extract of article by a Jaberwock on seekingalpha - not that he is an expert, these are merely his opinions......

One possible exception could be Magnis Resources whose Nachu project in Tanzania contains exceptional quality graphite, with a high percentage of large flake sizes which sell at a premium. Magnis is negotiating for funding from a potential Russian customer, which could allow the project to proceed. However, this is not the first time that they have announced possible customer funding for the project, having previously stated that they were negotiating funding from Chinese and Korean sources.

I have exited all of my positions in graphite mining companies, with the exception of Magnis, where I have taken profit to reduce my cost base below zero, but still remain long.

http://seekingalpha.com/article/4047957-graphite-investors-beware-prices-collapse