News Coming?Why would someone put in $150,000 yesterday when they could have picked it up for $130,000 a couple days ago. That's quite a premium to pay, and a quick decision to make, and to not wait for a lower price...??? Obviously they weren't 'in the know' a couple days ago, and heard something that promted a large buy in right away. My suspicion is that a little birdie was chirping and there's not much time left to get in. News any day would take us back over that $1 quickly. Maybe adding the GR zone to the resource estimate? If the same depth and quality of graphite is at GR than this would add 50% more graphite to the resource. Wow! another 25M tonne could send this up another 300% short term
-B
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GC Zone - Graphite mineralization in the GC zone has been mapped on strike up to 1.2 km and at width up to 240 m. The current NI 43-101 mineral resource estimate is based on the exploration of only 17% of the mapped GC Zone. This zone has excellent mineral resource growth potential. GR Zone - Graphite mineralization in the GR zone has been identified on an area of up to 1 km and up to 110 m wide. The company intends to conduct a drilling program in this zone following proper definition drilling of the GC zone. Further drilling in this zone is expected to contribute to mineral resource growth.
- See more at: https://www.masongraphite.com/projects/lac-gueret-graphite-project/default.aspx#sthash.NiRKwGW2.dpuf