Post by
bossman on Mar 28, 2014 10:09pm
Rail line within 10 km from Big North Graphite
On getting to the finish line, Mr. Kletas explains, “We bought three past-producing amorphous graphite mines in Sonora. The great thing is that they were existing mines that shut down due to the price. All the infrastructure is already there. The roads are already in, the rail line about 10 kilometers to the west of us, there’s a ready and available work force only 45 minutes away in the city of Hermosio. So its got all the benefits of being a very mining friendly district.
Comment by
bossman on Mar 28, 2014 10:28pm
Ya that is strange. I am holding long on nrt as i honestly feel that it is a great company with great growth ahead. At what point do you think nrt will get a buy out offer?
Comment by
oneinvestor on Mar 28, 2014 11:23pm
Good question! If they can get 3 mines producing in a year it could be in that time frame ! Partnership perhaps. It s getting too much press to sit at this level for long ! The road show they are on now precludes something good I say. The share structure is great with 68m man it could really rock imo
Comment by
MakeMeMoney on Mar 28, 2014 11:53pm
I would rather see production for NRT...even if I have to wait for an extra year... will make it worth more for all us longs I think.