RE:RE:New LowI use to own this stock. Bought in at .08 and sold at .05. I waited a long time and after BS news releases and nothing else, I sold. Glad |I did as its now at 0.025-.035. I put my money elsewhere. I looked at the GPH report about the pay for Anthony Hutson and it is $500,000 per year, which includes his company's management costs. This pissed me off.
I don't know why Taiga mining keeps putting money into this thing, but there must be a reason. That recent loan will hold GPH over for a while until they can come out with a news release that will bump their stock back up. Then they can do another offering at a better price, and keep it alive.
I think we may have hit the bottom at .025, but I don't see it going up much until the summer. Unless it gets another banger of a news release.
As for when or if the mine will be built? Who knows. Electric cars are just ramping up, and as the demand and price of graphite increases, the likelihood of this mine happening increases. Its all economics. Will it be economically viable. I think GPH is just playing the waiting game to be honest, I wouldn't expect much coming from this company for years.