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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company 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/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

Bullboard Posts
Comment by scissors14on Feb 06, 2012 11:16am
268 Views
Post# 19494645

RE: RE: RE: New to this stock/commodity

RE: RE: RE: New to this stock/commodity
Spherical graphite potential:
 
Due to the large flake nature of graphite to be recovered from Bissett Creek, the project has the potential to upgrade and purify their concentrate to battery grade spherical graphite containing 99.5% Cg. The abundance of large flakes within the deposit will minimize loss during the shaping process and allow Northern Graphite to sell this at a price upwards of $7,000US/t. Ore from the property is still undergoing tests to confirm the viability of the upgrade process and whether or not the product will be ideal for use within Li-ion batteries. Should the results return positive, the economic favorability of the project should increase substantially and the Company would begin to investigate its options for including an upgrade facility at Bissett Creek.
 
Recommendation:
 
By continuing to achieve project milestones, Bissett Creek is on the fast track to development and we believe the Company’s Management has the proven track record of success to bring Bissett Creek into full production in 2013. Further de-risking of the project should assist in attracting potential off-take suitors as well as the overall market interest as the story continues to unfold. We believe this to be an attractive entry point for Northern Graphite as it is on the cusp of permitting approval and project development, at a time when markets are showing signs of stabilizing. With recent changes to our forecasted outlook for the USD/CDN exchange rate, we have slightly increased our target to $2.20 (previously $2.00) based on 0.8x our NAVPS(10%) for Bissett Creek.
Bullboard Posts