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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

Comment by WendelJameson Jun 21, 2022 9:29am
144 Views
Post# 34770845

RE:RE:RE:RE:RE:Good News = Stonk Goes Down

RE:RE:RE:RE:RE:Good News = Stonk Goes Down

Investing can be frustraring. NMG should be ion the rise. 

If you search Pallinghurst, they have a clear vision and a decent track record. The truth is any new miner needs a strategic partner with clout and capital to get the project off the groung, otherwise NMG would still be sitting there with nothing happening yet. There are lots of new prospects out there with no instatutional investers backing them and no strategic partners, only insiders and retail investers. Many or these will never get off the ground without big money coming in.

So yes, NMG had to give up some of it's control to be in line with Pallinghurst and some painful choices have been made but at least NMG has the $$ backing to get the project done and ultimatley become a profitable venture and perhaps even pays dividends or buy shares back one day. 

No, this is not another Nemaska. 

NMG is going to make it, and make it big. Like they say, go big or stay home. IMO.

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