Important selling again...why?Bad news? Grafoid financing pulling money away from FMS (Grafoid is an attractive investment? FMS PP for some investors (they might need cash before the big investment)? Bad market scaring an already anxious group of FMS investors (last two days are not very good)?
Anyhow, I am starting to believe that we need a breakthroug in the North american demand for graphite to stimulate the interest from investors for graphite stock. I cannot put aside that Grafteck wanted to develop Lake Knife for the benefit of Vancouver base Ballard technology and its fuel cell. And that without clear increase in North american demand, their might not be much need for additional graphite mine in north america.
We might have to wait for Tesla or Hydro-Quebec to announce that they are finally ready to go ahead and produce battery to bring investors to invest in FMS.