Hard to accumulate right now - Must be a Tesla connectionIt's very hard to accumulate right now. Virtually no one is selling. It's been a slow and steady climb on very little volume...Perhaps it is what lies around the corner for V.MN that has Shareholders hesitant to sell...
With Tesla's Battery Day only 10 days away, maybe the new million mile battery that costs under $100 kWh will contain some of V.MN's Battery Hill manganese?
I think Musk would like to be the first to set up a North Amercian Managanese Mine... and it would be right here at Battery Hill in New Brunswick. It's easily accessible, and lies very close to the US border. There are NO operating manganese mines in North America right now. China and Africa are your main choices at this time and both countries come with negative social stigmas that companies like Tesla do not want to associate with if they can at all help it.
One of Musks leading battery experts and secret weapons, Professor Jeff Dahn, is the brother of Manganese-X's Director Roger Dahn. Google Jeff Dahn + Tesla and see what comes up. This guy is a battery genius that came out of the early MOLI days in the 90's, and will probably be front and center on Battery Day when they announce the new battery that will give future Teslas a 500 mile range.
The range is a game changer, but so would be the price...To get the price down under $100 per kWh, they have to reduce the amount of Cobalt, and increase the amount of manganese that goes along with the nickel. These chemistry changes are what gurus like Jeff Dahn have been working on.
I think that Manganese-X is right in the cross hairs of Musk's future plans. You can almost hear Elon saying "I want that Battery Hill project and I want it now - buy them out and let's move forward and secure that massive, local and socially conscious source of manganese for our future. Jeff... talk to your brother Roger and see what kind of deal we can make that will be acceptable to the Manganese-X Shareholders."
This is all in my very humble opinion... and please only risk what you can afford to lose.
Good luck everyone!