Laval, Quebec / ACCESSWIRE / August 28, 2014 / World-renowned commodities investor and best-selling New York Times author Jim Rogers joins James West of MidasLetter.com for a brief discussion on why he thinks that Mason Graphite Inc (TSX.V:LLG) (OTCQX:MGPHF) could be the logical choice to supply graphite to Tesla Motors Inc. (NYSE:TSLA) planned 'Giga Factory'.
"I think [Mason Graphite] has the largest deposit of graphite in the world, and it's run by an extremely knowledgeable group of people, and I know, that if graphite has a future, which it does, and graphene, then this company's going to do extremely well," said Rogers in the interview.
Listen to the full interview here or read the full transcript of the interview here: http://www.midasletter.com/?p=9290
About Mason Graphite
Mason Graphite is a Canadian mining company focused on the exploration and development of its 100% owned Lac Gueret graphite property, located in northeastern Quebec. The property hosts a National Instrument 43-101 compliant Mineral Resource featuring 50,024,000 tonnes grading 15.6% Cg, including 6,672,000 tonnes grading 32.4% Cg, in the Measured and Indicated categories and 11,861,000 tonnes grading 17.1% Cg, including 2,637,000 tonnes grading 30.5% Cg, in the Inferred category (see press release dated December 5, 2013). Excellent potential exists for further mineral growth. A Preliminary Economic Assessment study was completed on a 7.6Mt mineral resource estimate from July 2012 which features 22 years of production at 27.4% Cg and a pre-tax internal rate of return of 33.7% (see technical report entitled "Technical Report on the Mineral Resources Estimation Update 2013, Lac Gueret Graphite Project, Quebec, Canada" issued on January 17, 2014). The Company's senior management team possesses significant graphite expertise from their experience at Timcal/Imerys, including Benoit Gascon, CPA, CA, who held executive positions for 20 years, including over 6 years as President and CEO; Jean L'Heureux, Eng., Executive Vice-President, Process Development, with over 20 years of experience; and Luc Veilleux, CPA, CA, Chief Financial Officer and Executive Vice-President, with 8 years of experience. Timcal, now owned by Imerys, is one of the largest graphite producers in the world.
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SOURCE: Mason Graphite