Northisle Copper and Gold Inc NTCPF

Primary Symbol: V.NCX

Metals & Mining Industrial Metals & Minerals

Northisle Copper and Gold Inc. is a sustainable mineral resource company. It owns the North Island Project, which is a copper and gold porphyry project in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by the Company stretching 50 kilometers (km) northwest from the now closed Island Copper Mine operated by BHP Billiton. The claim block includes two defined resources at Hushamu and Red Dog, and numerous additional copper and gold porphyry targets. The Hushamu Deposit is a high-level telescoped porphyry copper-gold- molybdenum system containing a significant rhenium content. The Pemberton Hills target is within a 6.5 km long by 1.5 km thick area of high-level, advanced argillic alteration within Mesozoic-age andesitic volcanic rocks in an early-stage exploration zone. The North Island Project includes several relatively untested targets, including Northwest Expo, Goodspeed and Macintosh.

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Northisle Copper and Gold Inc > Who will the strategic new shareholder?

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Comment by phoenix_traderon Jan 08, 2022 3:09pm

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Post# 34296478

RE:RE:Who will the strategic new shareholder?

With shared offices in Vancouver you are right on. Corman owned 6.4 mill shares and had options on another 950k WRN shares which are expected to go to Rio Tinto when they complete due diligence. WRN is not likely to be a five bagger ($10/sh) but I definitely agree $1.50 -2.50 is likely for NCX.

Gentile and Beaudoin have certainly earned their initial shares and now in the money warrants. Looks to me like they agreed to buy open market shares as part of the buyin. Time for drill results and a new strategic partner.

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