had to re-post this here: a comment by Doctor Fouard on the...

had to re-post this here: a comment by Doctor Fouard on the share prices of graphite hopefuls...how apt this is for Valence...

"for example, look at syrah resources, a graphite play, it is clear to any graphite analyst that the company is more than extreemely overvalued (they want to flood the market (doubling world supply) with cheap graphite, what a great strategy lol) it is now a 800M$ cap company, is it wise to short it ? of course not, because the junior miners thrive on hype and irrational expectations, as long as the company is not producing anything and just touting its brilliant plan, it could work for them for months or even years ! once they start producing and executing their plan...the ugly face of reality will show itself to desillusioned shareholders....(remember orocobre at 4$?)."