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Bullboard - Stock Discussion Forum 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... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > October 31
View:
Post by youknowwhat on Nov 06, 2023 10:19am

October 31

290,606 short
up 275,295
Comment by 1student on Nov 06, 2023 3:38pm
Youknowwhat, We both know that the short sellers are always the smartest guys in the room, so to speak. From what you are presenting about the NGC short positions increase, the smart money may be expecting a seriously dilutive equity financing initiative at or well below NGC's book to share price valuation of $0.22. I'd guess these NGC shorts sellers are simply not meant to lose and we ...more  
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