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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 CGC12345678on Nov 26, 2020 2:30pm
130 Views
Post# 31982446

RE:RE:RE:RE:Technical support @ $0.57

RE:RE:RE:RE:Technical support @ $0.57

SmilingDog,


Well finally someone who speaks with constructive ideas.

 

Yes, no doubt about the management team, project, graphite request, proximity to roads .... etc. Government support more with the green plan ..... there is a lot of positive for Nouveau Monde Graphite.

 

1-The current problem is that the price has gone up too quickly with high volumes so many buyers have bought low and are reselling with 100%, 200%, profit in a few days.

 

2- Problem is the number of shares in circulation is a lot 270,000,000 million this has the effect that is difficult to maintain a high price.

 

3- Not having a license THIS IS THE KEY, SOLUTION when this happens the price will go up.

 

4- The holiday season which arrives therefore if the permit does not arrive within 14 days it must be said that the permit will arrive at the beginning of January.

 

In summary, yes, New World is exceptional but the price has simply gone up too quickly, it must consolidate around what? anyone can say anything .... but I believe around $ 0.40 @ $ 0.45 would be a happy medium pending news in early January.

 

I placed a buy order @ $ 0.40 for 30 days.

Bullboard Posts