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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 youknowwhaton Feb 16, 2024 4:58pm
45 Views
Post# 35885110

RE:Who is still pressuring it down?

RE:Who is still pressuring it down?

February 1 to 15 shares shorted 291,590 total dollar amount $57,801 for an average price of 19.8 cents. This DOES NOT represent the increase in the short position as there is no data for the number of shares covered during the period. 


We will see the short position next Wednesday morning.

A lot of this volume is short sellers moving their position to other accounts as they are being asked to cover by their brokers. 

The above numbers represent the short position in Canada only. There is a short position in the US and other countries.

My opinion short sellers are stuck and can not cover. Next Wednesday will tell the story.

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