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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

Post by WendelJameson Jun 17, 2022 5:26pm
226 Views
Post# 34765833

Good News = Stonk Goes Down

Good News = Stonk Goes Down

Good news = stock goes down
Bad news = stock plummets
no news = stock drifts down

Geesh, is this a thing with companies from Quebec?

This company should/could be a KEY major supplier for lithium-ion battery manufacturers.

Everthing these days, power tools, lawn tools, fans, power supplies, and of course EVs are using lithium-ion batteries. Not to mention computers, tablets, phones, watches, drones, toys,  and myriads of gadgets and gizmos yet to be invented. 

I do not understand why this company gets punished.

American scam companies do an IPO and the share price explodes to way over excpectations and take a year or more to fall down to earth, but a comepany from Quebec Canada with a real prodcut for a growing industry, knock them down and crush them like a piece of graphite , crush them  into a powder. 

Why. IDK. 

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