NBT Research Report

We are initiating sponsored research coverage of Western Graphite, Inc. (WGSP) with a $5 short term target based on their preliminary high quality “flake” graphite reserve estimates at their 5000 acre Pure Flake mine in...

Initiating Coverage: Western Graphite Inc. (WSGP): The BOOM In Graphite Mining IS Here
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Western Graphite Inc. (WSGP) - an Emerging Growth Company

Western Graphite Inc. is a publicly traded graphite company in the United States that is focused on acquiring graphite rich properties around the world. The company has acquired two strategic properties which will allow the company to produce high quality graphite after its aggressive exploration program has been successfully deployed.

Western Graphite 100% owned flagship Pure Flake Graphite property is located in Canada and is comprised of over 2400 hectares of land that is situated next door to one of the only few producing graphite properties in North America. Its second project named the “Amorf Graphite Property” in South Turkey comprises over 496 hectares.

Today graphite prices are soaring and expected to continue to increase as clean energy demands increases. The strong growth in graphite demand is driven by a combination of steady growth in traditional uses such as steel production, lubricants, brake linings and batteries as well as double digit growth from new applications, in particular portable electronics and hybrid and electric vehicles as well as developing markets such as solar and wind power, pebble bed nuclear reactors and fuel cells. Demand is forecast to continue to expand with graphite expected to play a significant role in tomorrow's high tech electronics, lightweight vehicles and in majority of all clean energy applications. Western Graphite aims to rapidly advance its project into production to capture favorable graphite market conditions.

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