RE:Canadian Mining JournalThe author of that article, David Godkind, must have been smoking some heavily laced substance when he stated, and I quote, "So, why is it flourishing when other graphite operations are struggling?
David Godkind, the author of the article, actually intended to suggest Northern Graphite Corporation's operations and the company are "flourishing" when other graphite operations are struggling?
How many low priced ($0.09) shares did Hugues Jacquemin promise David Goldkind in order to have the author spew forth such rubbish?
Such paid hacks are a dime a dozen Disgusting.
President and CEO of Beyond Lithium, Mr. Allan Frame, stated "I can pick up the phone and practically raise any amount of money from several Chinese companies, including battery manufacturer including battery manufacturers and explorers. But in Canada the smaller retail investors are the only ones floating the hard dollar issues and they have seen nothing but loss after loss over the past five years.”
That is correct Mr. Allan Frame.
Retail equities investors have had their respective equity investment values annihilated and we NGC shareholders know that the very poster company which has led such a retail equities investors equity value annihilation would be Northern Graphite Corporation.
“We have been fortunate enough to service a market that is willing to pay more for the graphite flakes,” Jacquemin said.
NGC customers paying more simply never equates to this company becoming net adjusted EBITDA positive and Hugues Jacquemin, Greggory Bowes, Guillaume Jacq, Christy Liddicoat et al are, for the most part, squarely to blame for such a consistent failure. Their salaries, submitted expenses, along with their clearly undeserved employment compensation relating RSUs awards, options awards, increasing employment (incessantly skyrocketing G&A costs) relating costs and so on represent the largest single drain down into which any remote chance at NGC attaining and sustaining net adjusted positive EBITDA is always sent; just like the NGC.V share price.
The "hard dollars", as Mr. Allan Frame calls the invested capital needed, are no longer flowing into dung beetle substance type operated companies like Northern Graphite Corporation.
An NGC officers and directors projected "At The Market" type equities offering is for NGC representative of the canary in the coal mine having died, so to speak.
The NGC "FIRE SALE" has been projected as very soon beginning and $0.09 offers per NGC.V share to be purchased have likely been privately arranged by and/or on behalf of Hugues Jaquemin, Greggory Bowes, Guilaume Jacq, Christy Liddicoat and their lieges.
After all, it's likely what "The Missionaries On Assignment" had been instructed to undertake.