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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

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

Comment by stockpunteron May 09, 2022 4:27pm
89 Views
Post# 34668422

RE:What does it mean?

RE:What does it mean?not much.  They had a meeting, as required.  The only shareholders bothering to vote were Todd and other insiders. NCF has one more loan to pay off, so I am guessing that they have to approve the issuance of shares to do that.

As a vote of confidence, someone bought 100,000 shares on the open maket today at the close, and pushed the SP to 0.045, a remarkable feat on a day when every other POS in my portfolio was tanking.
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