Pizza8686,
Graphite is the hot critical element at the moment, being a key element in many applications fromm fuel rods to batteries.
So naturally, TON announces graphite in an area akin SYR and its SP jumps
But there is graphite (amorphous, lower value) and graphite (flake, higher value)and we do not know how much we have (JORC)
We also do not know the costs of production and shipping to USA or Europe.
We also need to wary of the competion in North America from Ontario (Canada),which is recommissioning its mines and has a respected history among USA and Canada users of graphite. Likewise in Europe from TLG in Sweden.
So I expect many questions to be answered before this baby flies.
Graphite holdings; TON, TLG
Watching: TSX-V:NGC, TSX-V:FMS
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