American Graphite Technologies Inc (OTC:AGIN) Builds up Hype

American Graphite Technologies Inc (OTC:AGIN) is playing its part in the pump job. The company announced earlier today, the acquisition of a 100% interest in some claims in Quebec, Canada.

As with other pumps focused on graphite/graphene production, AGIN‘s property is supposedly close to projects operated by bigger companies. Every time a potential investor sees such a claim made by a pumped company, the first question they should ask themselves is why hasn’t the bigger company, which has the funding, taken that property too?

According to AGIN‘s filings, the company staked the claims just two months ago for about $22.5 thousand, and it still has to start exploration on the property.

In the meantime, some more pumper newsletters have joined the efforts to inflate the price of AGIN. The latest pumpers were paid $30 thousand to tout the stock of AGIN.

As mentioned in my previous article, the people who stand to benefit from the AGIN pump can bag some hefty profit even if AGIN goes straight down from here. Individual investors, on the other hand, stand to lose a lot. At this time, AGIN is trading at around $1.13, down 7.38%.