Powerful Bounce Just Started For USGT

USGT Continues Rally

Fellow Investors,

USA Graphite (USGT) shares continued to rally on Wednesday, rising for the third consecutive session. The shares closed at $0.76, up 1.5%. Volume was a modest 1.2 million shares.

The perpetrators of last week's massive short attack are still short and they are still losing money as buying interest provides solid support for USGT's share price. Remember, most of the shorts took place between $0.45 and $0.55 so these guys are really feeling the pain. They will have to start covering their shorts soon in order to cut their losses.

USGT closed above the rising 20-day simple moving average ($0.7461) for the second consecutive day. The 20-day simple moving average should continue to provide strong, rising support for the share price.

USGT has a great daily chart with lots of strong support for the current price level. Recent price action has been positive as the shares gather momentum for the next leg up. Don't delay! Get your USGT shares now.
 

Aggressively Acquiring New Graphite Properties

After the close on Monday, management announced another step in its strategy of acquiring promising graphite properties close to the company's existing exploration leases. USGT announced that it had signed a letter of intent to acquire the rights to the Ruby Mountain property—a 787 acre lease that has high quality flake graphite on the surface and promising geology.
 
If acquired, Ruby Mountain would join the 1985 acre Blue Wing Mountains property and the 200 acre Gordon Creek property to bring USGT's total graphite properties in northern Nevada to nearly 3,000 acres.

The Blue Wing Mountains project is in northwestern Nevada. It is a huge property with a lot of flake graphite in evidence near the surface. The property has good access to major highways and other infrastructure. Management thinks Blue Wing could contain millions of tons of high quality fake graphite that can be profitably brought to market.

The Gordon Creek and Ruby Mountain properties are in northeastern Nevada near the town of Elko. USGT's planned acquisition of Ruby Mountain will bring its property holdings in the Elko area to nearly 1,000 acres, which will allow for the efficient and cost effective deployment of geologists, mining engineers and drilling equipment.

USGT management has a solid plan for the exploration and commercialization of their graphite properties. Join USGT and the other shareholders to be a partner in this exciting new venture.
 

Still a Chance to Get USGT at a Good Price

USGT

is showing remarkable strength after last week's vicious short attack. But the shorts are losing this game and, when they finally capitulate, USGT shares should take off as the shorts start to buy back shares.

You still have a chance to get USGT below $0.80 but this opportunity won't last long. The shorts will only take the pain for so long before they start to buy back their shorts and when they do, USGT is going to get a lot more expensive.

You have a strong chart a solid management plan and an imminent short squeeze in USGT. Don't kick yourself for having missed out on a great opportunity to get USGT and at great price.



Happy Trading!



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