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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Metals & Mining Industrial Metals & Minerals
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

Northcliff Resources Ltd
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Post by stockpunteron Dec 04, 2021 12:19pm
256 Views
Post# 34198459

Friday SP and volume

Friday SP and volumeJust when you think the POS is dead it gives another twitch.  Someone must know or suspect something is up.   I don't see any evidence that october 2020 loan has been converted to NCF shares or Sisson ownership.  Concievably, the recent larger loan was used to repay the original debt.   The NPV, based on the original FS, is still about $1.60/ NCF share as near as I can make out.
Insiders' options expired and new ones were issued. 
Has anyone got any information on this story? 
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