weight on tons shoulders, page-27

I have an optimistic thought and a pessimistic one as of today's close....

From a technical perspective there is optimism: finished with a "green hammer" on the chart. Low volume so not many are selling, which means the 'serious holders' are still holding, just a few impatient types panicking and selling, but far fewer today than yesterday.

So TA wise I think things look okay.

My pessimistic thought....

Earlier this year is when graphite was all the rage and we saw some nice action in the graphite plays - obviously SYR was the best and the one that most springs to mind.

Since that time graphite really hasn't done very well. Examples are AXE and TLG, and I think MOX as well. So my big concern is that graphite may not be a market darling any more. I have seen a couple of the 'hearts' on HC post in the past that SYR alone have found enough graphite to supply the world demand for quite a few years. If that is indeed true then I have concerns about other graphite companies...

GL to all holders.