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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 TeTsuo36on Feb 29, 2012 8:54am
347 Views
Post# 19603111

RE: Catalyst

RE: Catalyst

You would expect to see around 170c on the 38.2% fib retracement, after a rise from 80c to 225c. This may not occur if sector sentiment is strong enough, or you get news. No long term effect, just trading patterns, but it has to consolidate after recent rises. Short term money would likely come back if it bounced off 170c. If not, 153c follows, then 135c. 

Bullboard Posts