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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The Company holds an approximately 88.5% controlling interest in and is the operator of the advanced-stage Sisson Tungsten-Molybdenum Project in New Brunswick. The Sisson Project has approximately 14,140 hectares. The Sisson Project has the potential to become a near-term critical metal producer, providing new primary supply of tungsten and molybdenum to North American, European and Asian markets. The Sisson Project is based on a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining.


TSX:NCF - Post by User

Bullboard Posts
Post by mewbuddyon Jan 30, 2013 1:00pm
279 Views
Post# 20912440

not impressive

not impressive

right now moly only around 11 dollars while they use 15 dollars for PEA. even at 15 dollars the IRR is only about 16%. won't be a mine.

WOF has a muchh better IRR = 46% and the SP dropped like a rock, how could u expect NCF move up more from here? will drop back to 30 cents.

Bullboard Posts