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Bullboard - Stock Discussion Forum Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s):  NTCPF

Northisle Copper and Gold Inc. is a Canada-based mineral resource company. The Company is engaged in the exploration and development of its North Island Project on Vancouver Island. The North Island Project is located at the north end of Vancouver Island west of the town of Port Hardy B.C. The North Island Project consists of copper and gold porphyry deposits in Canada. The North Island Project... see more

TSXV:NCX - Post Discussion

Northisle Copper and Gold Inc > Who will the strategic new shareholder?
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Post by phoenix_trader on Jan 07, 2022 3:45pm

Who will the strategic new shareholder?

Freeport had a look at Pemberton and walked but I am sure they has a small looksee at the NCX claims to the west.

Rio Tinto threw some cash at Western Copper last year and obviously are looking at large Cu/Au deposits in Western Canada.
Corman likely has a say in the talks but walked from WRN a few weeks later. Not to sure what to make of that.

Centerra is one of BC's biggest Copper producers and likely looking for another Mt. Milligan, Kemess deep in a stable country.

The leading contender is BHP, the former Island Copper operator and whose prospectors discovered some of NCX's best claims.

Will not be long before we know, .60is the minimum price and WRN spiked right after the WRN startegic investment.
Comment by EvenSteven27 on Jan 08, 2022 3:33am
Kenneth Williamson stepped into Dale Corman’s role at WRN. Corman is still a large independent shareholder of WRN while he serves on the Northisle board. Kenneth Williamson is also Senior Advisor of Geology for Radisson while serving as Director and Interim Chair. Michael Gentile is director and senior director for Radisson. Likewise, Pierre Beaudoin is the Director of Radisson. Prior to Casino ...more  
Comment by phoenix_trader on Jan 08, 2022 3:09pm
With shared offices in Vancouver you are right on. Corman owned 6.4 mill shares and had options on another 950k WRN shares which are expected to go to Rio Tinto when they complete due diligence. WRN is not likely to be a five bagger ($10/sh) but I definitely agree $1.50 -2.50 is likely for NCX. Gentile and Beaudoin have certainly earned their initial shares and now in the money warrants. Looks to ...more  
Comment by EvenSteven27 on Jan 09, 2022 7:06am
Should be noted that Sam Lee has even forfeited a salary. Unprecedented. Where do you find that kind of commitment? That is the real grit when somebody like this walks his talk.