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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Its mining operations and projects include Lac-des-Iles (LDI), Okanjande, Bisset Creek, Mousseau West, and South Okak Project. The LDI graphite mine is located approximately two kilometers south of Lac-des-Iles, Quebec, approximately 110 km northeast of Ottawa and 180 km northwest of Montreal. The Okanjande graphite deposit, located approximately 22 km south of the town of Otjiwarongo, and the Okorusu processing plant. Its products include natural flake graphite, natural flake graphite for friction applications, and others.


TSXV:NGC - Post by User

Bullboard Posts
Comment by scissors14on Aug 11, 2014 9:37am
268 Views
Post# 22827517

RE:A good read

RE:A good readIn the disclaimer it says Focus pays a fixed-rate fee for services which includes buy side reports like you posted the link to. This type of biased research is only worth what the company is willing to pay for it and is not taken seriously in the investment community. Focus needs to raise more money now in order to pay for it's exorbitant salary structure, never mind actual company activities, has well over 100 million shares out already, and is still a couple of years and many millions of dollars away from completing permitting and environmental approvals (in addition to over 50% of it's graphite not being suitable for battery production because of flake size despite its good grade). Tesla will sell the X car starting in the fall of 2016 for the 2017 model year. The gigafactory must be up and running by 2016. Full production capacity is expected by 2020. Northern Graphite is the only company ready to supply Tesla with a product that exceeds their expectations and on their schedule.
Bullboard Posts