Just like I guessed days ago, here come the drums in the...

Just like I guessed days ago, here come the drums in the deep...

News Flash:

"MRL Corporation attracts investors with 50% gain
Wednesday, March 26, 2014 by Proactive Investors

MRL Corporation ‘s 50% share gain prompts ASX price and volume query

MRL Corporation (ASX: MRF) has told the ASX that it is not aware of any information not already announced that could account for the increase in its share price to a close of $0.075 yesterday from $0.05 on 24 March.

However, the company noted that its recent price and volume movements are similar to those experienced by other graphite explorers.

These include companies such as Bora Bora (ASX: BBR) and Lamboo Resources (ASX: LMB).

It added that graphite demand is increasing as valuable and broad applications are being researched and developed daily from consumer electronics, green energy, medical, mining and even military applications.

Notably, the U.S. – a 100% importer– has joined China and the European Union in classifying graphite as a critical strategic material.

Sri Lanka

MRL has established “first mover” status in southern Sri Lanka, with four development projects that are highly prospective for lump/vein graphite, the rarest, commercially valuable, and highest quality type of natural graphite.

It is currently only actively mined in Sri Lanka, the only country that produces commercial quantities of high grade vein graphite with carbon content greater than 90% carbon as graphite.

Current programs are focused along 650 metres of historic mine workings on the Pandeniya to Wallagala strike-line within the Warakapola Project.

MRL’s Sri Lanka project work is not greenfield exploration; all projects areas have extensive historical workings and remnant graphite.

MRL’s strategy is to convert at least one license to a Mining Licence within the next 12 months."

As I guessed Proactive Investor has come out and commented, this is only the tip of the ice-berg in my opinion.

The BOTS no longer manipulate things like they used to, while MRL is so under-valued it will continue to soak up massive attention.

Kind Regards