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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

Bullboard Posts
Comment by Eizenbergon Feb 11, 2018 9:09am
114 Views
Post# 27540554

RE:RE:RE:RE:how low are we going to pick up nou

RE:RE:RE:RE:how low are we going to pick up nou
Mojo, i was in at 0,31 and was there when the sp jumped at 0,54 and then kept my shares until the sp falled to 0,37. I sold at 0,36 approx. The market is crashing and nobody knows when it will get back to its normal course, could be in a few days, weeks or months... 

And recent news about NOU says it will start the demo production this summer, until that happens, the sp will continue to fall to its support around 0,36 and the next support will be around 0,30 and if it continues to fall it will go to 0,26. 

Otherwise if things goes well, the next SP will be around its current resistances ;0,40 then 0,45, 0,50 and 0,54, after that, we will need Level 2 to check.I will wait until the beginning of summer to take a decision to get in or not. Just my thoughts. GLTA
Bullboard Posts