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On Friday DP indicators logged an Upside Initiation Climax. This exhaustion events often mark the beginning of new rallies and could indicate that the market is indeed ready to rebound. However, we do question its veracity given lukewarm trading to begin Monday’s trading.

Carl started us off by looking at the DP Signal Tables which are clearly reading bearish after the big correction on stocks. But as Carl said, things get as bad as they’re going to get before it tends to start doing better.

He also walked us through the market in general, giving us a read on not only the SPY, but he covered Bitcoin, Gold, Dollar, Crude Oil, Gold Miners, Yields and Bonds.

As always Carl walked us through the short-term and intermediate-term picture for the Magnificent Seven.

Erin took over and gave us a complete overview of sector rotation, noting that defensive sectors are still looking the most bullish while aggressive sectors are struggling to reverse right now.

To end the program Erin took symbol requests from the audience to include BABA, WMT and AKAM among others.

01:11 DP Signal Tables

03:25 Market Overview

18:35 Magnificent Seven

27:03 Questions

29:43 Sector Rotation

37:36 Symbol Requests

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Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


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Can the Nasdaq 100 rally to all-time highs or break down below key support? In this video, Dave uses probabilistic analysis to explore 4 possible scenarios for the QQQ over the next 6 weeks — from a super bullish surge to a bearish breakdown below the August 2024 low. Discover the key levels, potential market outcomes, and new trading perspectives to stay ahead of the market. Which scenario do you think is most likely?

This video originally premiered on March 17, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

Watching West Virginia Gov. Patrick Morrisey and his attorney general John McCuskey prattle on at a Monday news conference, demanding accountability and threatening legal remedies over — wait for it — the NCAA basketball tournament selection process, you might have wondered if this was all a setup for Kenan Thompson to run out on stage and yell “Live from New York, it’s Saturday Niiiiiiiiight!”

A mere 18 hours after the Mountaineers were controversially snubbed from March Madness in favor of North Carolina, there was really only one thing that could kill the national sympathy being directed toward Morgantown. 

And wouldn’t you know it, the politicians didn’t disappoint. 

Do you know what sports fans hate more than an NCAA tournament injustice? A gasbag governor and his obsequious sidekick grandstanding to their political base, sticking their nose into a place it doesn’t belong and making a mockery of the real problems in a state that has plenty of them. 

Seriously, gentlemen: Do you not have better things to do?

“This was a miscarriage of justice and robbery at the highest levels,” Morrisey said. “This thing reeks of corruption.” 

Is that similar to the smell emanated by a former Washington, D.C. lobbyist for the pharmaceutical industry who ran for office in West Virginia on a platform of fighting the opioid epidemic? Just wondering. 

There used to be a time in America when ambitious politicians, and particularly Republicans like Morrisey and McCuskey, would have railed against the idea of running to the courtroom to litigate any perceived minor injustice. 

Ah, well, nevertheless. 

Instead, we had Morrisey not only refusing to rule out the possibility of seeking an injunction if the NCAA doesn’t cooperate immediately with McCuskey’s investigation but also suggesting the West Virginia snub might have been retribution for the state suing the NCAA in 2023 over basketball player RaeQuan Battle’s eligibility. 

“A lot of people said, ‘What are you doing?’” Morrisey said. “We sent multiple letters they didn’t respond adequately to and we fundamentally helped change the transfer eligibility rules. So I think the answer is when you’re talking about multi-billion dollar businesses and universities that have a big stake in the outcome, absolutely (it’s worthwhile).”

Of course, one big difference: In the Battle lawsuit, West Virginia was challenging whether the NCAA’s transfer rules violated antitrust laws on behalf of a citizen fighting for his rights. But this? This is just a whole lot of whining on behalf of a basketball team that lost 13 of its 32 games including to Colorado in the Big 12 tournament. 

And it’s not even really clear what they hope to gain, other than a mention of “objective criteria” for the NCAA tournament selection process. Which, if you have followed the selection process for any length of time, is like trying to explain why “Anora” won Best Picture over “Conclave.” There is no objective criteria. That’s the point. 

And West Virginia, like every other Div. 1 school, not only knew that going in but agreed to it. 

Now, does that mean the committee got it right? No. 

West Virginia’s exclusion was stunning, given that every “bracketologist” who does this either as a job or a hobby had the Mountaineers in the field. And as we addressed Sunday night, the fact that North Carolina athletics director Bubba Cunningham chairs the selection committee isn’t a great look when the final decision was literally UNC over West Virginia. 

In cases like this, the recusal procedures to ensure Cunningham wasn’t part of the discussion or votes involving UNC don’t protect the NCAA from accusations of favoritism. That gave Morrisey the opening to pounce, and if it wasn’t him, it could just as easily have been the governor of Texas if the Longhorns got left out instead of the Mountaineers. 

“UNC had representation in the room,” Morrisey said. “It’s being reported by a number of outlets that Cunningham had a significant bonus incentive, at least $70,000, to get into the tournament, arguably more if they advanced. I want folks to let that sink in for just a minute.’

Even if Cunningham did everything by the book, the selection process has long been plagued by suspicions that committee members will do their best to take care of buddies who work at other schools. And even if Cunningham never even hinted at lobbying for the Tar Heels, these committee members are colleagues and often friends who spend a lot of time with each other inside and outside the committee room during this process. 

So something like what happened Sunday only turbocharges conspiracy theories, and it’s worth looking at whether athletics directors and conference commissioners should be the ones making these tough calls when there’s so much on the line financially.

But that’s a matter for the leaders of college sports to reckon with — not elected officials who love to use this stuff to make it seem like they’re fighting for the common man or woman when we all know it’s political theater. 

McCuskey, the attorney general, even sounded more like a message board poster than a chief law enforcement officer in repeatedly referring to the Mountaineers as “we” and making the case that a basketball team with guard Javon Small would have a chance to beat anyone in the country. 

In the end, it was deeply embarrassing for the people of West Virginia. Just like it was when some Florida politicians did the same thing after Florida State got left out of the 2023 College Football Playoff. And just like the group of legislators in Georgia, Alabama and Illinois that have recently tried to pass bills giving college athletes an exemption from state income tax on their NIL deals.

In fact, it’s probably not a stretch to say that no group of people has consistently done more to turn public opinion back toward the NCAA on a variety of issues than state-level legislators doing ridiculous things on behalf of college sports because they think it will win them more votes in the next election.

Similar to most of those efforts, Monday’s news conference was almost as funny as a variety show. Only it happened in real life, in the state of West Virginia, instead of on the SNL set where it belonged. 

This post appeared first on USA TODAY

Tracy Morgan appeared to fall ill and required medical attention during Monday night’s NBA game between the New York Knicks and Miami Heat at New York’s Madison Square Garden.

The ’30 Rock’ and ‘Saturday Night Live’ star was courtside for the Eastern Conference tilt, as he is for most Knicks games during the season. Social media photos showed that Morgan became ill in the third quarter, causing a delay to the game as he was tended to.

Video posted on X showed Morgan being taken off the court in a wheelchair during the delay in the third quarter. Another post alleged the actor was dealing with a nosebleed, as well.

After the delay, the Knicks closed out the matchup with a 116-95 win over the visiting Heat.

‘We hope everything’s good with Tracy Morgan,’ Knicks guard Josh Hart said after the game. ‘Avid, lifetime Knick fan so prayers go out to him and his health and safety.’

The 56-year-old comedian has dealt with multiple health issues. In 2010, he underwent a kidney transplant; in 2014, he spent two weeks in a coma following a car crash.

‘We hope Tracy feels better soon and look forward to seeing him back courtside,’ a Madison Square Garden representative told PEOPLE.

This story will be updated with more information as it becomes available.

This post appeared first on USA TODAY

Colorado football coach Deion Sanders addressed recent speculation about his future in Boulder on Monday by saying he’s not concerned about a contract extension for himself until he gets other things in place for his program, including more big names for his coaching staff.

Asked if there were contract talks with the university, Sander said, “Maybe.”

“I don’t know,” he said at his first news conference of the spring football season. “I ain’t worried about me. Let’s get everybody else straight first. Then I’m good.”

Sanders, 57, is in the third year of a five-year contract at Colorado that runs through 2027. He earned $5.7 million last year in guaranteed pay, which ranked fourth among public schools in the Big 12 Conference. But recent comments and developments have raised questions about his future. Earlier this month, Sanders made a cryptic remark about money on a show called The Morning Run.

After talking about the beauty of Boulder, he said, “These people better go and get money money and stop playing. Bye. Bye.”

It’s not clear what he was referencing. It could have been pay for his staff and players or himself. Or something else.

In January, Fox Sports analyst Joel Klatt, a former Colorado quarterback, said Sanders had a “very, very, very good offer in front of him from Colorado, and I don’t know why it hasn’t been signed.”

Sanders also had a brief flirtation with the Dallas Cowboys after that coaching job opened up. Before that, in December, Sanders had hinted at a new contract at Colorado.

“I’m confident that we’re gonna get something done to keep me here so that we can bring this wonderful city a national championship,” Sanders said on the Rich Eisen Show then.

‘Huge moves’ on the way for Deion Sanders’ coaching staff

Sanders’ comments on Monday shed more light on the situation as Colorado is working on new contracts for several assistant coaches whose original two-year deals recently expired, including linebackers coach Andre Hart. Meanwhile, Sanders suggested on Monday that he might add to his staff.

“We have a couple more huge moves we’ll probably make this week, maybe one next week that you’re gonna really appreciate the understanding of how wonderful this staff is,” Sanders said. “I always tell you, the rod and thy staff, they comfort me. And these guys we’re bringing in, along with these guys I just announced, gives me tremendous comfort.”

Sanders recently hired Pro Football Hall of Famer Marshall Faulk as the teams’ running backs coach and former NFL lineman Domata Peko as a defensive line coach. Colorado recently gave a new contract to defensive coordinator Robert Livingston, which nearly doubled his pay from $800,000 last year to $1.5 million this year. But a new contract has not yet been announced for offensive coordinator Pat Shurmur, who is due to make $850,000 this year under his current deal, much less than his counterpart on the other side of the ball.

Deion Sanders won’t cancel spring game

Sanders also announced Monday that his team’s annual intrasquad spring game on April 19 will be televised by ESPN2 and said his team’s pro timing day for all 32 NFL teams will be in Boulder on April 4. Several Colorado players are scheduled to attend the Big 12 Conference pro timing event for NFL scouts this week in Texas. But Sanders said not all players would participate in the workouts there and instead would wait for CU’s pro day April 4.

Unlike other college programs, Sanders also said he wants to keep playing a spring game, possibly even by staging it against another team. Nebraska coach Matt Rhule is among those who have talked about canceling public spring games for various reasons, including because of concerns that it leads to tampering by other teams who might try to lure his players away after watching them in a spring showcase.

“You’re not gonna stop nobody from leaving your program by not having a spring game,” Sanders said Monday. “If you want to save money, just say that.”

Anybody who wants to transfer out of your program “is already gone,” Sanders said.

“It’s not gonna stop it,’ Sanders said. “I’m thinking of a way to improve it. That’s why I want to play against somebody.”

Syracuse head coach Fran Brown responded to this Monday by expressing interest in practicing against Colorado this spring. He told Sanders on social media site X that ‘we will come to Boulder for 3 days.’

Instead of worrying about his players being lured away after the spring game, Sanders said he might add some more transfer players to his roster next month. He also made a bold statement about his current team after losing Heisman Trophy winner Travis Hunter and his quarterback son Shedeur to the NFL draft. Colorado finished 9-4 last year after going 4-8 in Sanders’ first season in 2023.

“I feel like we will have a better team,” he said. “I really do.”

Follow reporter Brent Schrotenboer @Schrotenboer. Email: bschrotenb@usatoday.com

(This story was updated to add new information.)

This post appeared first on USA TODAY

Getting into the 68-team NCAA Tournament field was a long, anxious process for the North Carolina men’s basketball team, which had to sweat out Selection Sunday in a way that a program of its pedigree isn’t accustomed to doing.

Getting to their first March Madness game has proven to be equally challenging for the Tar Heels.

Coach Hubert Davis’ team arrived late in Dayton, Ohio, Monday and missed its scheduled news conference and practice ahead of its First Four game Tuesday night against San Diego State. The NCAA acknowledged the change in plans, which it described in a statement as being related to “travel issues.”

Those issues, according to the Raleigh News & Observer, occurred when North Carolina’s NCAA-chartered flight arrived late at Raleigh-Durham International Airport. The plane landed in Dayton at 6:29 p.m. ET, about two-and-a-half hours behind its originally-scheduled arrival.

The Tar Heels had been slated to begin their 40-minute practice at 6:35 p.m. ET, but didn’t take the floor until 8:11 p.m. ET.

“We just kind of stuck with it,” North Carolina forward Ven-Allen Lubin said, according to Luke DeCock of the News & Observer. “It was affecting everybody on the team but we stuck together. We just hung out, talked, interacted with each other. We bonded. It wasn’t an issue. We’re here now.”

After an up-and-down regular season, North Carolina, with a 22-13 record and a 1-12 mark in Quadrant One games, was the last team in the NCAA Tournament field. When coupled with West Virginia’s surprising exclusion, the move generated significant backlash and heated chatter, particularly since Tar Heels athletic director Bubba Cunningham was the chair of the tournament selection committee.

This post appeared first on USA TODAY

You’re just recovering from the madness of Selection Sunday and the reveal of the 68 teams in the NCAA men’s tournament bracket. Now comes the hard part: Trying to make your picks on which teams will advance, which teams will be upset and which teams will reach the Final Four in San Antonio, Texas.

If you’re a veteran of filling out a bracket, you might feel like advice is beneath you, but even the strongest players can benefit from tips for this year’s NCAA field or a historical look at how the seeds have performed in the tournament.

Want more in-depth analysis of the region? Here are our breakdowns of the East, West,  Midwest and South.

And do you want some expert brackets to help guide you? Here are our best from the USA TODAY Sports staff as they predict every game through the Final Four and national championship.

Jordan Mendoza

Full bracket

  • Final Four: Michigan State, Florida, Duke, Houston
  • Final: Florida vs. Houston
  • National champion: Houston

Make it your best March Madness yet: Sign up for USA TODAY’s Sports newsletter for bracket expertise.

Paul Myerberg

Full bracket

  • Final Four: Auburn, St. John’s, Duke, Tennessee
  • Final: Auburn vs. Duke
  • National champion: Duke

Erick Smith

Full bracket

  • Final Four: Michigan State, Texas Tech, Duke, Tennessee
  • Final: Michigan State vs. Duke
  • National champion: Duke

Eddie Timanus

Full bracket

  • Final Four: Auburn, Florida, Duke, Houston
  • Final: Florida vs. Duke
  • National champion: Florida

Dan Wolken

Full bracket

  • Final Four: Michigan State, Florida, Duke, Houston
  • Final: Florida vs. Duke
  • National champion: Duke
This post appeared first on USA TODAY

Graphene is often heralded as the “wonder material” of the 21st century, and investing in graphene companies offers investors exposure to a growing number of graphene applications across a diverse set of industries.

In terms of size, Grand View Research is forecasting that the global graphene market will grow at a compound annual growth rate of 35.1 percent between 2024 and 2030 to reach US$1.61 billion. The firm says that revenue for electronics industry applications will be a major contributor to the growth in demand for graphene.

Demand for graphene coatings and composites will come from the energy storage, aerospace and automotive industries industries, among others. Graphene coatings are used in batteries, conductors and generators to improve energy efficiency and performance, while lightweight graphene composites are being used in aircraft and automobiles.

According to Fortune Business Insights, the graphene market is mainly being driven by demand from the Asia-Pacific region, due in large part to favorable government policies, academic researching and increasing graphene investment. Rising demand from the automotive, marine, aerospace and defense industries in this region are also important factors.

For those interested in how to invest in graphene, here’s a look at seven publicly traded graphene companies making moves in the market today, based on research gleaned from intelligence firms Grand View Research and Fortune Business Insights.

These top graphene stocks are listed in alphabetical order, and all data was accurate as of March 12, 2025.

1. Black Swan Graphene (TSXV:SWAN)

Press ReleasesCompany Profile

Market cap: C$33.19 million

Black Swan Graphene describes itself as an emerging powerhouse in the bulk graphene business. UK-based global chemicals manufacturer Thomas Swan & Co. holds a 15 percent interest in Black Swan and brings a portfolio of patents and intellectual property related to graphene production. Through this partnership, Black Swan is building out a fully integrated supply chain from mine to graphene products.

Black Swan launched a number of new graphene products in 2024, such as its GraphCore 01 family of graphene nanoplatelets products, which includes powders and polymer-ready masterbatches designed for the polymer industry.

In June 2024, the company announced a commercial partnership with advanced materials engineering company Graphene Composites that will see Black Swan’s graphene used in the fabrication of GC Shield, a patented ballistic protection technology.

The following month, the company secured a distribution and sales agreement with UK-based manufacturer of plastic materials Broadway Colours. Under the agreement, Broadway will incorporate Black Swan’s graphene nanoplatelets in the manufacture of graphene enhanced masterbatches for plastic manufacturing.

Black Swan closed on a C$6 million equity financing in February 2025 which will help to fund its capacity expansion and global commercialization plans for 2025.

2. CVD Equipment (NASDAQ:CVV)

Company Profile

Market cap: US$20.65 million

CVD Equipment produces chemical vapor deposition, gas control and other types of equipment and process solutions for developing and creating materials and coatings for a range of industrial applications, including aerospace engine components, medical implants, semiconductors, battery nanomaterials and solar cells.

CVD’s processing can be used to produce graphene and nanomaterials such as carbon nanotubes and silicon nanowires. Its PVT200 system is designed to grow silicon carbide crystals for the manufacture of 200 millimeter wafers. The company’s first nine months of 2024 saw orders worth US$21 million, up from US$19.9 million in the same period in 2023.

In November 2024, CVD reported a US$3.5 million follow on order for a production chemical vapor infiltration system to produce advanced, energy efficient materials for use within gas turbine engines.

3. Directa Plus (LSE:DCTA)

Company Profile

Market cap:GBP 6.9 million

Leading graphene nanoplatelet producer Directa Plus makes products designed for commercial applications such as textiles and composites. The Italy-based firm has developed a patented graphene material named G+ Graphene Plus, which is both portable and scalable. Directa Plus casts a wide net, even using its graphene for golf balls with the aim of improving users’ control and swings using elasticity.

Directa Plus inked in December 2023 what it called a ‘landmark agreement’ to acquire a proprietary system for preparing graphene compounds for market-ready battery and polymer applications, opening up two more potential markets for Directa Plus products.

In April 2024, the company announced the installation of its GiPave high-tech asphalt at the Imola Circuit for the Emilia-Romagna Grand Prix held in May 2024 as part of the Formula 1 World Championship. GiPave uses graphene and recycled plastics to create a cleaner, more sustainable asphalt product.

4. First Graphene (ASX:FGR,OTCQB:FGPHF)

Company Profile

Market cap: AU$27.44 million

First Graphene is an advanced materials company that has developed an environmentally sound method of converting ultra-high-grade graphite into the competitively priced, high-quality graphene in bulk quantities.

The firm is working with three Australian universities on developing graphene products and associated intellectual properties, including PureGRAPH, its graphene powder. First Graphene is vertically integrated, and applications for its products extend to fire retardancy, energy storage and concrete, among others.

In May 2024, the company secured a distribution agreement for the Australia and New Zealand markets, with the potential for additional markets. The five-year contract represents a significant milestone for the commercialization of First Graphene’s PureGRAPH material, according to the press release.

First Graphene joined a nine-member consortium in July 2024 to develop and commercialize lightweight impermeable cryogenic all-composite tanks for the safe storage and transport of liquid hydrogen. The next month, the company secured funding for a collaborative research project aimed at commercializing its Kainos technology for the production of ‘high-quality, battery-grade synthetic graphite and pristine graphene from petroleum feedstock using a scalable hydrodynamic cavitation manufacturing process.’

First Graphene kicked off the new year in 2025 with the announcement that its Kainos technology had secured patents from the Australian and South Korean governments. The following month, the company completed a AU$2.4 million private placement to help fund the acceleration of its global commercial pipeline.

5. Haydale Graphene Industries (LSE:HAYD,OTC Pink:HDGHF)

Company Profile

Market cap: GBP 4.13 million

Through its subsidiaries, Haydale Graphene Industries designs, develops and commercializes advanced materials. The company is focused on commercializing its proprietary heating ink-based technology and integrating graphene and other nanomaterials into next-generation industrial applications.

Haydale has a partnership with the University of Manchester’s Graphene Engineering Innovation Centre (GEIC), through which it is researching and developing graphene-based innovations such as conductive ink heating applications for the automotive and future homes sectors.

In July 2024, Haydale announced that a feasibility study has shown initial indications that Haydale’s plasma-functionalized graphene can capture carbon dioxide.

In March 2025, the company announced it had secured new commercial contracts for its new heating systems from Affordable Warmth Solutions to develop a further graphene heater ink product, and with the national gas grid, National Gas Transmission, for the use of its technology in upgrading the gas network.

6. NanoXplore (TSXV:GRA,OTCQX:NNXPF)

Company Profile

Market cap: C$411.17 million

Established in 2011, NanoXplore is able to produce high volumes of graphene at affordable prices due to its unique and environmentally friendly production process. The company’s GrapheneBlack graphene powder can be used in plastic products to greatly increase their reusability and recyclability.

NanoXplore is also targeting lithium-ion batteries with its patented SiliconGraphene battery anode material solution, which employs GrapheneBlack as a coating agent around silicon to make a safer, more reliable cell. NanoXplore’s graphene products are also being used in internal combustion engine vehicles.

In early 2024, as part of its five year strategic plan, NanoXplore increased the production capacity at its plant in Québec, Canada. The capacity expansion will enable the company to meet increased demand from an existing customer for its graphene-enhanced composite products. The customer assumed a significant portion of the expansion costs.

In its fiscal Q2 2025 financials for the quarter ended December 31, 2024, the company reported Q2 total revenues of C$33.12 million, up 14 percent from the same quarter in the previous year.

7. Talga Group (ASX:TLG,OTC Pink:TLGRF)

Company Profile

Market cap: AU$180.377 million

Talga Group is a vertically integrated battery anode and materials company, mining its own graphite and producing anodes. It has operations in Sweden, Japan, Australia, Germany and the UK. The company also produces graphene additives for use by materials manufacturers in applications such as concrete, coatings, plastics and energy storage.

Talga has the Talphite and Talphene lines of graphene products, which include conductive additives for battery cathode and anode products, solid-state anodes and graphite recycling.

In January 2025, the company announced that the Swedish government gave the greenlight to its detailed plan for the Nunasvaara South natural graphite mine in Northern Sweden. The Kiruna municipality had previously halted planning work, and the federal government instructed it to adopt the plan by May 16 of this year.

Private graphene companies

The graphene stocks listed above are by no means the only graphene-focused companies. Investors interested in graphene would also do well to learn more about the private companies focused on graphene technology, including ACS Material, Advanced Graphene Products, Graphene Platform, Graphenea, Grafoid and Universal Matter.

FAQs for graphene

What is graphene?

Graphene is a single layer of carbon atoms arranged in a hexagonal lattice. First produced in 2004, when professors at England’s University of Manchester used Scotch tape to peel flakes of graphene off of graphite, the material is 200 times stronger than steel and thinner than a single sheet of paper. Graphene has many possible applications in various fields, such as batteries, sensors, solar panels, electronics, medical equipment and sports gear.

What are some good properties of graphene?

Graphene’s outstanding properties include high thermal and electrical conductivity, high elasticity and flexibility, high hardness and resistance, transparency and the ability to generate electricity via exposure to sunlight.

What is the difference between graphene and graphite?

Graphene and graphite are both allotropes of carbon, meaning they are structurally different forms of the same element. A key difference between them is that graphene is a single layer of graphite.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

(TheNewswire)

March 17, 2025 Vancouver, British Columbia TheNewswire – Blue Lagoon Resources Inc. (the ‘Company’) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement (the ‘Offering’), bringing the total funds raised across both tranches to $1,297,500 .

In this second tranche, the Company issued 2,800,000 units (the ‘Units’) at a price of $0.25 per Unit, raising gross proceeds of $700,000 .

The financing saw continued participation from key institutional investors and stakeholders, including Crescat Capital LLC, Phoenix Gold Fund, and the Company’s toll milling partner, Nicola Mining , all of whom have previously invested in Blue Lagoon. This marks Crescat’s fifth investment in the Company over the past three years, further validating its confidence in Dome Mountain’s potential , while Phoenix Gold Fund and Nicola Mining’s increased participation underscores their ongoing belief and support for the Company’s management and growth strategy.

‘We are excited to see strong backing from sophisticated investors llike Crescat Capital, Phoenix Gold Fund, and Nicola Mining , all of whom recognize the value of Dome Mountain’s advancement towards production ,’ said Rana Vig, President & CEO of Blue Lagoon Resources . ‘These investments come at a transformative time, following the recent granting of a mining permit for Dome Mountain – one of only nine such permits issued in British Columbia since 2015. With this key milestone achieved, we are now laser focused on last preparatory activities and tasks related to the safe and secure opening of Dome Mountain, including finishing the installation of our water treatment facility which is on track to be completed before the end of May. With these final steps underway, we are targeting early Q3 2025 as the start of production .,’ he added.

Each Unit in the Offering consists of one common share in the capital of the Company and one-half of one transferrable common share purchase warrant. Each whole warrant (a ‘Warrant’) entitles the holder to purchase one additional common share of the Company at an exercise price of $0.35 per share until March 14, 2027. The proceeds raised from the Offering are expected to be used to finish the installation of the water treatment facility at the mine site, other preparatory work and for general corporate purposes. The securities issued under the Offering are subject to a four month hold period expiring on July 15, 2025, in accordance with applicable Canadian securities laws.

Any production decision in advance of obtaining a feasibility study of mineral reserves demonstrating economic and technical viability of the project is associated with increased uncertainty and risk of failure.

About Blue Lagoon Resources Inc.

Blue Lagoon Resources is a Canadian based publicly listed mining company (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) focused on building shareholder value through the aggressive development of its 100% owned Dome Mountain Gold project. The Company is run by professionals with significant finance and mining experience and operates within a prime mining jurisdiction in British Columbia, Canada. With the granting of a full mining permit, a key milestone achieved in February 2025 – one of only nine such permits issued in British Columbia since 2015 – Blue Lagoon is now focused on last preparatory activities and tasks related to the safe and secure opening of the Dome Mountain Gold Mine, targeting Q3 2025 as the start of gold production . The Company’s primary objective has always been to become a cash-flowing mining company, to ultimately deliver tangible monetary value to shareholders, state, and local communities.

For further information, please contact:

Rana Vig

President and Chief Executive Officer

Telephone:  604-218-4766

Email: ranavig@bluelagoonresources.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Blue Lagoon Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘targets’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’, ‘mine’, ‘production’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of gold and silver prices, delays in mine development activities, future cash flow expectations and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions.  Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management, contractors and consultants on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s, contractor’s and consultants’ beliefs, estimates or opinions, or other factors, should change.

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