OTCMAGIC Asks What Happened to National Graphite Corp. (OTC:NGRC)

NGRC is right back where it started!

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Las Vegas, NV -- (SBWIRE) -- 10/26/2012 -- With the meteoric rise in the price of Graphite in recent years from lows of $500 USD per ton back in 2004 to a recent price over $2,500 USD there has been a share of Penny Stock Company's quick to associate themselves with the precious Metal.

One such Company is NGRC which started trading on the OTCBB earlier this year in the $0.50 range. The stock exploded over $1 due largely to the $2,150,000 Stock Promotion taking place on NGRC backed by Mike Casson from MicroCap MarketPlace as well as OutoftheBoxStox.com who cite the exploding price of Graphite as a reason to “Call your broker immediately and discuss National Graphite Corp. (NGRC) with him”

National Graphite Corp.(OTC: NGRC) reached a high of $1.24 several a week ago and has been steadily dropping ever since, reaching an all time low of $0.39 yesterday followed by a move back up over $0.50

Investors are beginning to ask if NGRC will ever regain its previous highs.

To find out more about this and what OTCMAGIC projects for NGRC both short term and long term please visit our article on National Graphite Corp. here: NGRC

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