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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

Post by seveneleven711on Mar 28, 2023 11:02am
78 Views
Post# 35364553

opinion

opinionUnfortunately, Todd and management/insiders/hdi controls ~65% of all present shares fully diluted and that could go up to ~80% if the last loan is converted to shares at present market prices. That leaves "you and me" with 20%. No real voting power at all. I suggest we all continuously send emails to NCF and Trudeau and Higgs with questions and concerns and keep all records of sent emails even if not answered. Public companies and governments involve voting and the public which means Accountability. We still live in a society where you and I can and should ask questions and express our concerns. Examples

1. Why were millions of $$$ spent on permitting and then not go ahead when the market screams that you should unless NCF management and governments overlooked something and if so thet should tell us.
2.Dilution by loans converted to shares at a DISCOUNT. Did mangenent try PP? If yes, prove it.
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