Graphite Corp. (GRPH) Soars Upon Fiscal Cliff Resolution

Date : 01/07/2013 @ 9:14AM
Source : Marketwired
Stock : General Electric Company (GE)
Quote : 13.35  -0.53 (-3.82%) @ 7:59PM
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Graphite Corp. (GRPH) Soars Upon Fiscal Cliff Resolution

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As the Dow Jones Industrial Average climbed 308 points on the first day of trading in the New Year, some big winners of the Bill are mining companies and Hollywood Studios due to passed incentives, as well as GE (NYSE: GE), Caterpillar (NYSE: CAT) and JP Morgan (NYSE: JPM) due to an "Extension of the Active Financing Exception to Subpart F" which allows certain loans to provide the originators tax free gains.

As mining sees a "boom" period in the US, with gold continuing to trade near all-time highs, and many minerals becoming more in need due to technological advancements, incentives by states as well as the federal government should increase as companies look to expand exploration efforts, and governments look for increased revenue.

Graphene, which has seen a huge increase in attention due to its limited availability in relation to its potential uses, has helped companies like Graphite Corp. (OTCQB: GRPH) and its shareholders see over 30% gains since mid-December. Graphite Corp. recently announced its initial findings at its historically important Alabama graphite property. The US Bureau of Mines data indicates a resource potential of 4.363 million measured tons of weathered material and 2.802 million indicated tons of un-weathered material for a total of 7.165 million tons combined. The historic data recommends "Aggressive Exploration" with increased results anticipated.

Graphite Corp. (OTCQB: GRPH) is a company exclusively focused on the exploration and development of one of the greatest success stories in recent mining history -- the Graphite mining sector. Targeting graphite-bearing properties in the United States, the Company is positioned to emerge as a leading pure-play exploration company through the development of its strategic land positions in Alabama and Montana, the heartland of America's most significant graphite resource. For more information on Graphite Corp. visit

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Century Capital Markets twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

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