Why I'm Passing On Mason Graphite - Mason Graphite Inc. (OTCMKTS:MGPHF) | Seeking Alpha
As you probably know, graphite can be used in making electrodes for the batteries of electric powered vehicles. We are also seeing a great expansion in sales of electric and hybrid electric cars. For example, Tesla and Toyota are popular for electric and hybrid cars respectively. So, the graphite miners matter a lot as long as electric car sales are growing.
The author of this article talks about Mason Graphite primarily, and he does not think Mason offers a lot of upside potential. Focus Graphite and Northern Graphite are probably better choices in the graphite space. Focus already has sales of its graphite locked up with a Chinese company contract. Northern is the closest graphite miner to major roads, and transportation costs will be a big factor in the success or failure of graphite miners. Graphite stocks could be one of your best choices in a lackluster stock market as long as you invest in the right company at the right time.
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