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
The Wall Street Journal reports that Air pollution from coal combustion likely cut life expectancy in parts of China by more than five years during the 1990s, a study has found, adding weight to increasing public demands for Beijing to clean up the environment.
Cleaning the killer air means replacing coal with nuclear power plants. EACH of the 54 nuclear power plants under construction in China requires 10,000 tons of super pure high grade graphite to build and 14,000 tons each YEAR to run the nuclear power plants.
Western Graphite (WSGP) is our direct play on the extreme supply/demand imbalance ahead for nuclear grade carbon graphite…China is not close to having that amount of nuclear grade graphite.
This pure grade graphite is going to have to come from new reserves like WSGP is developing in British Columbia and Turkey.
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Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.
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