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.

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Northcliff Resources Ltd > SP

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Comment by stockpunteron Aug 13, 2022 12:43pm

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Post# 34894023

RE:RE:SP

was thinking the same. Everyone hates dilution, but the debt deal also de-risks this project.
Do the math. Sisson can pay back the hypothetical debt drawn to build the mine in under 5 years, according to fs, Then it generates roughly the same amount of cash for another 22 years? Where does that cash go?

On the other hand, maybe their summer work project is going poorly.

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