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

Nouveau Monde Graphite Inc > Seen this before.

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Comment by dalesio_98on Jun 18, 2021 12:49pm

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Post# 33411760

RE:Seen this before.

caramba71 wrote: I've seen this type of price drop before after such an announcement. Gevo is a good example. I wouldn't be surprised if the share price would go further down from here - like by another 5-10% - before it starts crawling up again once the offering has closed.

I had been sitting on the side watching this and it looks like this could be a really good buying opportunity soon.

"Could be a really good buying opportunity soon" ... catching a falling knife is more like it.

https://www.stockwatch.com/Chart/Hist?symbol=NOU&region=C

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