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Graphite Corp (OTC:GRPH) On the hunt for a Graphite Payload

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Las Vegas, NV -- (SBWIRE) -- 11/02/2012 -- Graphite Corp (OTC:GRPH) started trading on the OTCBB with a bang doing daily trading volume from the beginning the stock has failed to make any gains for investors so far. Currently trending down the stock is trading at the same level now where it IPO'd

Graphite Corp is a publicly traded Elko, Nevada-based resource exploration stage company focused on the evaluation and development of graphite based deposits within the United States. The Company is positioning itself to emerge as a leading pure-play exploration company through the development of its current strategic land positions in Alabama and Montana straddling the heartland of America's most significant graphite resources.

Since the price of Graphite exploded from around $500 USD per ton back in 2004 to a recent price over $2,500 USD there have been a number of penny stocks quick to associate themselves with the precious metal.

OTCMAGIC has been covering GRPH since it hit the OTCBB. To find out more about GRPH and what OTCMAGIC projects for Graphite Corp both short term and long term please go here: GRPH

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