Elcoa Resources (Graphene Corp)

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5 years 6 months ago #383 by lynnsa10
lynnsa10 replied the topic: Elcoa Resources (Graphene Corp)
Thanks and yes some excellent points in that article. This news did not get posted here yet but the 80eday events 1st stop in North America is Elcora. This is going to be a huge media event and put Elcora on the map. See my video posted above about the EV race around the world.

www.elcoracorp.com/investors/april-19-20...north-american-stop/

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5 years 6 months ago #382 by GoldnBoy
GoldnBoy replied the topic: Elcoa Resources (Graphene Corp)
Here is an interesting article on graphite stocks. It is almost a year old and before Elcora started producing and got an off take agreement but some key points he makes :
""But selling graphite becomes more complicated as you try to sell more of it, and therefore graphite projects should start out small and grow as the company finds more customers.""

"an offtake partner to buy its graphite and do the processing and sales work. The latter may not be impossible, but there is no publicly traded graphite company that has pulled this off as promised."

Well we know now that Elcora has, being the 1st

Looks like he was wrong with Syrah because they have started construction and got offtake agreements.

He kills Mason and rightfully so. Too many investors don't realize how much more important infrastructure is. For $1200 you are shipping a ton of material, not 1 ounce of gold.

He only looked at companies with a PEA or Final Feasibility, so that would be why Elcora never made the cut.

Lot of very valid points and a good read

miningwealth.com/investing-in-graphite-p...al-investment-ideas/

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5 years 6 months ago #379 by lynnsa10
lynnsa10 replied the topic: Elcoa Resources (Graphene Corp)
Stock has held well in the 50s. I looked this morning and there was only 3 offers up in the 50s for about 10,000 shares or so - looked real clean.

Then it looks like a couple sellers showed up in the afternoon out of TD and good old Anonmynous

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5 years 6 months ago #339 by lynnsa10
lynnsa10 replied the topic: Elcoa Resources (Graphene Corp)
Sounds like things in Sri Lanka moving along pretty well. Have a look at this, it will be huge publicity for electric cars, batteries and Graphite. They go across North America this summer, 80 days and around the world

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5 years 6 months ago #336 by Gambler
Gambler replied the topic: Elcoa Resources (Graphene Corp)
Sounds like good news at the Sri Lanka mine

ELCORA ADVANCED MATERIALS PROVIDES UPDATE ON MINE DEVELOPMENT - RAGEDARA MINE SRI-LANKA

Elcora Advanced Materials Corp. is continuing developments at its Ragedara mine, Sri Lanka. The company has made significant headway to underground development work at the 54-metre and 70-metre levels to access four previously identified graphite veins at depth.

The geological diamond drilling at Ragedara has identified three easily accessible veins of 20 centimetres, 45 centimetres and 80 centimetres in width along a 60-metre distance from the shaft at the 54-metre level of the mine. The veins extend at least to the 70-metre level. A crosscut at the 54-metre level is currently being driven, which is anticipated to intersect these veins in the middle of May, at the end of May and in the middle of July. At Ragedara, the average vein width is about 40 centimetres but can pinch out or swell to over a metre in width. During a two-day period mining work, the company can remove a block 2.2 metres high by 1.2 metres long along the width of the vein and in both directions along the vein. The graphite grade in these Ragedara veins range from 92 per cent to 99 per cent carbon content graphite.

In addition, a 50-centimetre vein has been identified. It is located 10 metres from the current drill location on the 54-metre level but in a different direction. Development toward this vein will begin once the drill is moved in June with intersection of the crosscut anticipated at the end of July.

There are four of the 12 historical veins mined out at the zero-metre level. Infrastructure is currently being put in place to allow the shaft to be sunk to the 70-metre level where a parallel crosscut will be made to access the veins access from this lower level.

"This work is further step in the company's goal to re-establishing peak production at the Ragedara mine," said Troy Grant, Elcora's president and chief executive officer. "This is a significant advancement of Elcora's continued strategic development of the Ragedara mine and how it fits in with the company's overall strategy to be fully integrated throughout the supply chain, from mining to processing, to produce graphite and graphene for use in high-end applications."

Dr. Ian Flint, PhD, PGeo, is the qualified person as defined under National Instrument 43-101 who has reviewed and is responsible for the technical information presented in this news release.

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5 years 6 months ago #331 by RonS
RonS replied the topic: Elcoa Resources (Graphene Corp)
Seen a great video on graphene I put up in the graphite section, but thought would add here too

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5 years 6 months ago #324 by GoldnBoy
GoldnBoy replied the topic: Elcoa Resources (Graphene Corp)
Yes I seen that, noticed someone from Scotia came in during the afternoon and cleaned it up to $0.57 buying just over 50,000 shares

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5 years 6 months ago #323 by Gambler
Gambler replied the topic: Elcoa Resources (Graphene Corp)
Nice bump today, up 7 cents on 161,000. Glad I added a bit more to my hand

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5 years 6 months ago #321 by RonS
RonS replied the topic: Elcoa Resources (Graphene Corp)
Well it has been over 2 hours - a bit of a slow process to wait on questions, then typing the response.

Thanks to the regulars here that posted some great questions. I hope the answers were great too.

I am happy to invest in graphite, I believe it is something that is going to give a better future to my kids and theirs. We just have to make sure it is mined environmentally responsible and we are good at that in North America.

One thing I learned st the PDAC this year in some discussions is the environmental disaster China has put themselves in with their strong growth, but they are taking action and really out of necessity are moving faster and much bigger leaps to a greener future.

They are the world leader in wind, solar and batteries. If you ever had to breathe the air in some of their big cities, you would no why

I will try to stop by here at least once a week, so any questions welcome. There are some other experts here too with great knowledge and opinions

G - nite

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5 years 6 months ago #320 by Roadster
Roadster replied the topic: Elcoa Resources (Graphene Corp)
Ron Thank you for hosting on this topic !!!!!!

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5 years 6 months ago #319 by RonS
RonS replied the topic: Elcoa Resources (Graphene Corp)
So we save the toughest for last??

I don't make a habit about talking negative about companies, but it is what it is and none of them like when I say the 'sell' word either

Yes ZEN has lump vein graphite like Elcora and the way mother nature formed it - has made it different with some qualities that are better.

I think ZEN has done a great job promoting their story and uniqueness of their deposit - the stock reflects that.

However, in the end, no matter how good it is, you still have to advance the project to get financing and permitting etc. and build a mine. Good graphite is of little use stuck under ground. This is where ZEN has a long way to go and especially with the financing difficulties of late - puts them way behind many others.

ZEN's deposit is deep in comparison, so more expensive to drill and they have to do a lot more of that to advance the project to the resource stage - suitable for a feasibility.

From preliminary work, it is indicated to build a mine would have a high Capex, compared to others, in many cases 2 to 3 times higher. We see how hard it has been for junior graphite companies to get mine financing. A company trying to get 2 or 3 times more $$ is not going to be easier.

Their location, although not in the middle of no where does not have as good or close of infrastructure as many others, so higher costs and one reason CAPEX is higher.

Also, if my memory serves me correct and I would say double check this, I believe they are on or close to native lands, so negotiations and probably compensation involved there as well.

This junior mining business is tough, no sense trying to fight higher odds.

All that said, I am following them and perhaps down the road developments will occur to put their ball in better favor

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5 years 6 months ago #318 by GoldnBoy
GoldnBoy replied the topic: Elcoa Resources (Graphene Corp)
It seems all the regulars have had some questions. comments so I might as well chirp in with my 2 cents, maybe a curve ball

Elcora has vein graphite out of Sri Lanka and from what I see so does Zenyatta - ZEN. It seems to have some better qualities compared to the flake graphite.

ZEN stock has always been higher priced then most so seems to be a lot of confidence there, Ron - you don't seem too bullish about them?

Any comments appreciated

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