Beware of false claims Flake Graphite Prices have Bottomed according to Simon Moores, Manager of Industrial Minerals, the firm that sets graphite prices. This is important and could be the turning point of the fall in graphite product prices that began in May 2012.
Claims of large resources by some explorer/developers has in my opinion also created fear of potential over supplies and kept a lid on share prices of many of the advanced explorer/developers.
I'd be especially careful in purchasing the shares of companies making the un backed claims.