It's all about the graphite, man

Locutus

Locutus

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Jun 18, 2007
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Why is a tiny company — with no revenue — Canada's second-best performing natural-resource stock?

Zenyatta Ventures Ltd. has soared 1,800% in the past year after discovering a graphite deposit it said may be among the world’s most valuable. Now the explorer has to prove it.


The $207 million Canadian company, which has no revenue or income, is the second-best performer among the country’s natural-resource stocks. The shares climbed after it said the grade of graphite from its Albany project in northwest Ontario may rival the world’s highest-quality supplies, which are used in nuclear power plants and metal refining.


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Zenyatta Ventures Ltd. soars 1,800% on promise of the world’s richest graphite deposit | Financial Post
 
Mowich

Mowich

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Dec 25, 2005
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Eagle Creek
Locutus said:
Why is a tiny company — with no revenue — Canada's second-best performing natural-resource stock?

Zenyatta Ventures Ltd. has soared 1,800% in the past year after discovering a graphite deposit it said may be among the world’s most valuable. Now the explorer has to prove it.


The $207 million Canadian company, which has no revenue or income, is the second-best performer among the country’s natural-resource stocks. The shares climbed after it said the grade of graphite from its Albany project in northwest Ontario may rival the world’s highest-quality supplies, which are used in nuclear power plants and metal refining.


more


Zenyatta Ventures Ltd. soars 1,800% on promise of the world’s richest graphite deposit | Financial Post
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Should the story prove to be true, they are really onto something.

Anyone else watching Nova's Making Stuff? It is a great series that highlights the latest inventions and discoveries in many fields. Graphite is proving to be a boon to the the makers of micro chips. It is thinner than any other material tested to date. It is a great conductor. It has the ability to enable ultra-highspeed at very low power. And, it is almost ridiculously easy to make into a 1-atom thick sheet. They call it graphene.

Check this out.

"DAVID POGUE: Graphene promises to make the impossible possible, letting electrons move across its surface at virtually the speed of light and generating almost no heat. In fact, graphene is such a revolutionary material that in 2010, a mere six years after its discovery, the two Russian scientists who first made it received the Nobel Prize in Physics."

NOVA | Making Stuff
 
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