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Northstar Clean Technologies Inc V.ROOF

Alternate Symbol(s):  ROOOF

Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use asphalt shingles, and extracting the liquid asphalt for use in new hot mix asphalt, shingle manufacturing and asphalt flat roof systems, and aggregate and fiber for use in construction products and other industrial applications. It plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at both its Empower Pilot Facility in Delta, British Columbia and its commercial scale-up facility in Calgary, Alberta.


TSXV:ROOF - Post by User

Post by trader53on Dec 03, 2021 3:43pm
152 Views
Post# 34196497

Our seller has attracted company

Our seller has attracted companyOnce we lost the ipo price I was afraid it would only attract more selling and that is exactly what is happening. Now the seller is jockeying for positioning. The seller has 16 levels of offers in the market at every 1/2 cent which sends a clear message that they still have a large amount of stock to sell. I tried to warn Roof but it fell on deaf ears. This sellers willingness to sell below .30 really brings into question their cost base. Watch the .25 level very carefully and if this seller shows a willingness to sell below .25 my guess would be we are dealing with .15 paper. Until you see a very large volume day preferably a cross I expect the stock will simply grind lower in December. 
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