Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.


TSXV:NOU - Post by User

Comment by SmilingDogon Dec 13, 2020 10:58am
108 Views
Post# 32095359

RE:We have to be patience

RE:We have to be patienceI agree we have to be patient. However, I don't agree this is their biggest problem. Although I understand it feels that way because the Manawan keep beating the drum (no pun intended) and everyone keeps talking about it. When you take a rational view of all of the facts, this is at worst a small bump in the road. 

1) they already have a strong relationship
2) this project is hugely beneficial to them from a socio-economic standpoint
3) this project is very strategically important for country/region (Quebec is 2nd largest shareholder behind Pallinghurst)
4) the Manawan are only 2k people - it doesn't take a lot of money (if it even comes to that) to move the needle
5) the ceo has publically said they have a strong relationship and that this is not an issue

My best guess, this is either a PR stunt by Manawan leaders to appease a minority concern within their tribe. Or they truly just want a few more dollars, in which case it won't even more the needle.

Just my opinion
<< Previous
Bullboard Posts
Next >>