MNS 0.00% 4.2¢ magnis energy technologies ltd

Lots of Graphite, page-42

  1. 2,421 Posts.
    Patience, the reports have been first rate, there is nothing in what the company is doing, discovering or there methods that is bearish.
    The bearishness is in the graphite sector. The risk isnt in the company perse, its that elvis (The smart money) has left the building when it comes to graphite.
    If just one or 2 companies where releasing data and suffering a drop in SP while others forged ahead you could say it was just the company, But every company that mines or is attempting to mine graphite since the 27th SP has dropped. If they released market sensitive drill results, Assays or nothing.

    This isnt UNX specific, two weeks ago and i wrote it on many a thread, picking a graphite winner was like shooting fish in a barrel, try and find a graphite stock that has done well after the 25th???
 
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