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oxxa23

6,009 Posts.

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09/09/16

19:36

Post #: 19061403
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Originally posted by Jaffaroo ↑

Graphex graphite is unique. In 2014 I was lucky enough to tag along with a bunch of geos on a site visit to Chilalo. One of them made the comment "this is really hot ground". I asked him later what he meant (I am not a geo) and he said it is close to the heat source, the volcano. What's the significance of this? The graphite will be purer and more crystallized.

You can easily see what he's talking about. Have a look at the image below, from the GPX update:
View attachment 246267
The GPX deposit is in the shape of a horseshoe, around the volcano. And Chilalo sits between the Magnis deposit and the volcano, which is why GPX graphite is different to / more expandable than MNS graphite.

You can also see the scale of the GPX deposit compared to MNS - orders of magnitude larger.

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Cheers @Anchises

MVL Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $9.501M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$622	56.79K

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No.	Vol.	Price($)
2	1222501	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	448587	1

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No.	Vol.	Price($)
2	1222501	0.010
2	900000	0.009
3	1984441	0.008
2	950000	0.006
1	300000	0.005

Price($)	Vol.	No.
0.011	448587	1
0.012	750000	1
0.013	2594724	3
0.014	515000	3
0.015	200000	1

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