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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

Post by Gorilladome47on Mar 03, 2024 12:38pm
132 Views
Post# 35912060

youknowwhat $ 1Student

youknowwhat $ 1StudentIsn't it so very sad, as investors when we have to speculate, surmise, guess, debate, read tea leaves, turn to public forums...all in an attempt to try and find some sense of 'direction' and 'sense' from what this management team is putting out in terms of communication.

Some very good messaging going back and forth from you guys doing your best to try and read between the blurry NGC lines.  My favourite was from youknowwhat re,

Northern Announces Change in Restricted Share Unit Vesting Periods and Stock Option Grant

February 12, 2023

 
I remember reading that on Sunday night thinking, what a bunch of SNAKES...quietly changing the rules and allocating cheap options for zero performance on a Sunday night.  Snakes.  Hugues, Bowes, and Birge...all snakes.  Not because they are not nice people, which they very well could be; they are snakes because all they do is 'take' from the shareholder, dilute us over and over with garbage value dilutive royalty deals, all the while, padding their own holdings with cheap options, ridiculous salaries, and endless expense account spending.

Pav Jordan, our big director of communications...the worst messaging and communication I have ever experienced in twenty plus years of investing in publicly traded companies...guess what this guy is making salary wise?  Just take a wild f guess?   It's disgusting...look it up.  What does this guy do every day, 8 hours a day?  Paying that guy for what de does, which is nothing I can see, is just a slap in the face to shareholders.  Pav Jordan came to Northern to be our messenger to the market...IR, read his CV...tell our story, bring some stability to our capital markets...connect with the market because we have the best story and the best assets anywhere in NA....no brainer....our share price was around .55 I believe going back...we are now sitting at .18   Where in life do you make ridiculous money, not do what you were hired to do....not only do you not do your job, but you do it so badly that you cause the company to lose further valuation where it finds itself in a much worse position market cap wise now that when you were hired...and after all that....LETS GIVE YOU MORE F OPTIONS AT ALL TIME LOWS SO YOU CAN DO IT ALL AGAIN NEXT YEAR.

These guys are all snakes.  HUGUES, BOWES, BIRDGE AND JORDAN.

Gorilla, take a breath and step back from the edge....I digress, apologies.

Some good messages going back and forth....I would say to 1Student (comments on 43 101 release/ other news etc) that generally in life, I would look to one's past performance and history in order to speculate what is to come....and that, in by itself paints a sad picture re this management team's resume of horrendous messaging and execution.   I have not seen anything from this group to lead me to believe that there is any grand, professional, media, corporate rollout of deals or catalysts that are a come'in any time soon.  All these guys do is overcompensate themselves, over promise, and under deliver.

going forward just my thoughts,

HUGUES needs to be demoted to head of graphite, he is a horrible ceo
BOWES needs to retire.
BIRGE needs to retire.
PAV needs to be fired immediately.

The BOD needs to look at salaries...they are killing us.
The BOD needs to look at why LDI is not cost efficient...all in is sust too high.

We need a professional CEO and CAPITAL MARKET TEAM, a real corporate finance group.

We need a CEO that can talk and negotiate with both gov't and OEM's.  Right now, we have neither.  HUGUES is an elitist 'playing' CEO.

My only sense of 'hope' as youknowwhat points out is the MACRO...it literally gets better by the day.  That 25k EV is coming...minus the IRS $7500 and that is one cheap cheap EV car that everyone will buy.  That will be our uranium bull market.  Everyone here knows what the chaos looks like in a real bull market....well it is coming for NA graphite.  Chinese pivot/licensing policy, restricting graphite to the west will squeeze like a python all the while we continue to move closer and closer to that 25k EV demand tsunami...it's coming and no one can stop it.  The US and Europe are in trouble and OEM board rooms around the non Chinese world are in panic mode.  The only reason I have not sold my shares at this point and moved on is that only by the grace of God, by default and no regard to our absolutely, utterly incompetent management group of idiots, we are not just the most attractive girl on the dance floor, we are the only girl on the dance floor.   There is no other company that can reasonably deliver BAM over the next 2-3 years.  Yes, NOU is making progress...it's not going to happen for more reasons that I will get into.  Good luck to them though, NA will need NGC, NOU and others...

You are never supposed to invest on 'hope' but our gang of corporate clowns have delivered nothing else for shareholders to go on.

They are a massive disappointment and an utterly incompetent bunch. 






 


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