Las Vegas, NV -- (SBWIRE) -- 01/03/2013 -- USA Graphite Inc. (OTC:USGT) has been steadily rising, having started at $0.40 per share during the first week of November. Most investors and financial analysts are sure that this upward swing will continue with USGT having secured a promotional budget of nearly $800,000.
USA Graphite Inc. recently announced that its search for more, high-tonnage carbon content propositions has proven to be highly successful. The Company has been continuously evaluating additional mining projects in Nevada. It is most likely that the Company will be using its resources, such as operators and geologists, working on the Gordon Creek and Blue Wing Mountain Graphite properties for its projects in Nevada. The Company seems confident about routing its high-carbon graphite offering to markets via the existing network of national highways and interstates. The Company has also attracted interest from global graphite-mining companies, including a very promising project in Canada.
USA Graphite was incorporated in Nevada, in 2005. The Company is focused on the exploration, acquisition and development of world-class graphite properties across the North American region. Its holdings in Nevada present a considerable potential for developing high-grade graphite wherein mineralization is exposed at the surface and is evident at economically-feasible depths. USA Graphite is keen to become a major supplier of graphite for the domestic (US) market. It has been following a number of graphite exploration penny stocks in recent months.
To find out what OTCMAGIC projects for USGT, both short term and long term, please go here: USGT
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