Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a Canada-based mineral resource company. The Company is primarily engaged in the acquisition and development of mineral properties. The Company holds an 88.5% economic interest in the Sisson Tungsten and Molybdenum Project (the Sisson Project), located in New Brunswick, Canada. The Sisson project is located on Crown land in central New Brunswick, approximately 100 kilometers northwest of Fredericton by road, and near the communities of Napadogan, Juniper and Stanley. The project is situated within the Nashwaak Watershed. The Sisson Project-area is served by local and regional infrastructure, including highways, roads, railways, deep sea ports and power lines.


TSX:NCF - Post by User

Comment by stockpunteron Mar 27, 2023 11:07am
26 Views
Post# 35362323

RE:RE:RE:fyi

RE:RE:RE:fyiI think the 250 USD will be spent on many small, relatively innovative research-type projects aimed at e.g.extracting and processing green minerals.  Each grant will be a tiny amount of money and wouldn't make a material difference to Sisson.  Mostly a PR stunt to make the US look proactive about their vulnerability to China, Russia and others cutting their supply lines. They do have more direct ways of protecting their interests...

Most people probably don't realize it, but US DOD actually funds Canadian research, e.g. breast cancer projects.  If NCF does get a grant, they will have to spend it on the proposed research and it won't help them finance a mine.

The Canadian Feds and NB may pony-up something significant for Sisson and I think they should.  As I have previously posted, they would get most of their money back in taxes, eventually.

The problem with Sisson is that no one belives that the economics are complelling. With inflation, the cost of mine construction and operation have no doubt soared.

NCF needs a new plan that relies on early stage tax and royalty breaks, electrification of the whole project with subsidized NB power and government financing or loan guarantees.  Another thing the Feds should consider is tax-free bonds.  A lot of money locked up in savings might be available to support projects deemed of national interest if such bonds were more common.  Who wants to put retirement funds at risk if you 1) lose your OAS and 2) pay nearly 50% income tax in the highest bracket.

However, Canadian Feds are not open to any idea that includes "tax-free".

BTW, your earlier 2 articles posted about APT prices are by 2 authors but seem to contain identical text and are nearly a year old.  You can get recent Chinese APT quotes on the link I posted.

I am a long NCF, in the red and not very positive about our prospects.  The funds I invested are not required for my retirement and I wouldn't recommend this stock.
But, if they do announce construction, upside SP potential is still very impressive.
<< Previous
Bullboard Posts
Next >>