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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 > Guess where they bought
View:
Post by youknowwhat on Mar 13, 2024 6:56pm

Guess where they bought

Johnson and Johnson baby powder lawsuit....

https://fortune.com/2023/09/28/johnson-johnson-more-lawsuits-baby-powder-cancer-judge-throws-settlement-case/

G
uess who sold the talc

https://www.mesothelioma.com/asbestos-exposure/companies/imerys/

T
hats right Imery's from 1999 on wards...

Imery's sells Talc mines....

https://www.prnewswire.com/news-releases/court-approves-sale-of-assets-of-north-american-talc-subsidiaries-of-imerys-to-magris-resources-301173841.html

A
pparently Imery's is liquidating many assets to scrap together cash. They are appently responsible for approximately 30% of the J&J lawsuit which will be in the total area of $11B. 


I believe the talc mine sold for $234M USD and the money is being held in trust to go toward settlements of baby powder. They likely also have the monies from the sale of LDI and Namibia tucked away in savings towards the settlement.

so Mr 1student I think you can safely remove Imery's from your comments because I think they have sold their shares in NGC. They were likely part of the reason the price began to collapse last year. Do not know just putting 2 and 2 together possibly equallying 4 but I may be wrong an it only equals 3. LOL

Comment by 1student on Mar 14, 2024 2:59am
youknowwhat, Hmm? That's strange. I had you pegged as being super thorough in the way you choose to research any given NGC stakeholder. You seem surprised with respect to the Imerys SA connection to that claim filed against J&J, in regards to the asbestos contaminated talcum powder lawsuit. It's obvious that you are either choosing to overlook something most specific about Imerys ...more  
Comment by youknowwhat on Mar 14, 2024 8:37am
Finally, some woke math teachers are suggesting for students that 2+ 2 = 3 or perhaps 6 or perhaps any number other than 4. LOL! It's math taught by idiots for would be little idiot "wokesters" who are being churned out at a younger and younger age. You wouldn't happen to be one of "the woke", eh? LOL! Not sure when this new math started I totally missed it ...more  
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