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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 Ogopogo007on Feb 03, 2024 10:59pm
41 Views
Post# 35861602

RE:RE:I wonder if CDN Gov't asking Ucore for $4.8M back?

RE:RE:I wonder if CDN Gov't asking Ucore for $4.8M back?Patience is something liteweight investors usually have little of. 

I first heard about Unicore back when Byron King was writing about them....15 years ago perhaps and the technology angle they were using in REE separation...that seems to be a bust now, looks like SP hit $11 back then...lot less now. Hardly a model of biz success for NGC to emulate. Did UCU fire their CEO?

I anticipate NGC will be successful getting Gov't wheelbarrows of $$$ to advance NGC biz plan......not a wee little lunchbag with $4.8M like Ucore got.
In recent interview Hugues ( I think) talked about full buildout costing $1B...1/3 Govt funding...do that math.


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