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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

Comment by 1studenton Dec 08, 2023 4:29pm
96 Views
Post# 35775645

RE:So!

RE:So!Yes woundedknee. You are correct about nobody really taking notice of Northern Graphite Corporation presently being the only full scale graphite miner operating - i.e. when it is operating - within Quebec, Canada and North America.

In my opinion, the NGC shares are being traded at or below book to share price value becuase of all the lack of requisite "de-risking" which is nowhere near having been accomplished by or on behalf of this group of "milking" C-suite officers and company directors.
By the way, "the street" (Bay Street in particular) knows that dilution to any common shares equity position taken up here with NGC represents just one of the many risks to their capital and they also know there are other companies, would be full scale graphite miners and would be full scale manufacturers of spheronized coated and purified graphite "BAM", presenting as less risky than Northern Graphite Corporation does at this very moment.

The market makers -  and I don't know that Northern Graphite actually has bothered to employ a market maker - simply don't seem to know Northern Graphite Corporation exists. Perhaps you would do well to have aword about that very problem with Eric Sprott & Co.
Although, I do suspect Eric Sprott & Co simply prefer the NGC.V share price to be kept nearer to or perhaps even discounted to book value per share, $0.18.


You stated "On speculation alone this should betrading close to one dollar".

I could certainly agree with you woundedkneee.


Do as you please. Keep adding woundedkneee. 
Just be aware that perhaps one of the ways NGC share price is going to be allowed to reach the $3.00 or $4.00 mark would be after a NGC share consolidation which could be following a requisite massive and material issuance of common share equity to "others" going forward.
Don't forget that the stakeholders over at NeoGraf Solutions LLC are waiting to sell to NGC 33% equity control of "NeoGraf". We know NGC doesn's have the capital required to make that happen; which takes me to my next once again emphasized point.
Once again, I'll remind you
"the street" (Bay Street in particular) knows that dilution to any common shares equity position taken up here with NGC represents just one of the many risks to their capital.

Finally, I'll suggest that 
during the recent interview in question, Hugues Jacquemin quite intentionally tossing into the mix the past share price performance of the Industrial Minerals Canada Inc., which is the predecessor name of this company . . .
Suffice to say that maneuver did present him as being somewhat desperate.

You need another much better story and another group of massive amounts of requisite capital possessing NGC stakeholders to actually tell it Hugues Jacquemin.



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