Kambale Graphite Project and the RSG Ghana Situation
Looks like the RSG news is having an impact on the share price of CDT. And this has scared a few holders hoping on a short term trade from their graphite project in Ghana.
As some might be aware, Castle Minerals has started dusting off their large graphite project in Ghana due to the surge in interest for Graphite. They also have some gold tenements in Ghana as well but not much progress has been made. I think I know why now.
Personally I only bought this on the gold/copper projects in WA before the whole graphite thing, so the temporary pump was a bit of a bonus. So I'm not too concerned if things don't go to plan in Ghana and I think they are still waiting on results from their WA projects. And I don't think I have too much too lose either.
Just goes to highlight that diversification is key if things might go south in another country.