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 HereWestern Graphite announced they are in negotiations to add a new 2000 acre FULLY producing graphite mine to their operations.
The new mine is a fully producing graphite “Khara Mine” and in the same area as the WSGP's Amorf property in Southern Turkey.
The BIG plan here? USE the cash flow from this operation to kick-start production of high-quality big flake carbon graphite in their British Columbia project. This deal also potentially triples WSGP's graphite mining operations in the region.
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