RE:THIS STOCK IS BAD NEWS!! DON'T BE CAUGHT HOLDING THE BAG!!No point in letting this be the most recent comment.
EGZ has a profitable project with an expected output of 50,000 tonnes of graphite per year. Issue is currently financing a mine, with holdups centered around demand. All junior graphites face this issue. Only 3 have progressed to FS stage, and those 3 (including EGZ) are expected to have the highest probability of landing the coveted off-take agreements.
Add this to a bear market in the junior sector and you have a stock with significant downward pressure. We're all waiting on that press release that says "off-take signed" or "financing received", but who knows if we will ever see this. That's the risk of junior mining, and this is a project that has progressed far enough that the final issues are clear in sight.
GLTA