RE:RE:The experimentGorilladome47,
I won't defend Mr. Birge. Heck, for all I care you can have at him here all you like.
I do have to say though that Mr. Birge could have been dressed like Mr. Jacquemin or Kristy Liddicoat and it still wouldn't matter. After all, the very mentality and specific intent attributable to "The Missionaries On Assignment" is recognized as being dressed the same.
You asked "how does one of our directors, (apparently this loser is a co-founder of the company) dressed like a bum, go into meetings with top level executives and be taken seriously?"
Isn't that the problem in a nutshell, so to speak.
Exactly what "high level meetings" with top executives of any kind have any of "The Missionaries On Assignment" ever attended on behalf of NGC "minority" equities investors?
Nobody anylonger chooses to believe that any automotive manufacturing executive or representatives on behalf of any battery component materials developer and manufacturer and/or any executives on behalf of any battery cells manufacturer would want to waste a single second speaking to "The Missionaries On Assignment" representing a company which has a historical graphite reserve which is just about completely depleted and a company which merely suggests both that there exists a potentially proven new graphite reserve which could be found within the constrains of an existing historical pit and which could possibly extend the LDI mine life by another eight years?
Does that read like a story which any top executives on behalf of of any automotive manufacturer or battery component materials developer and manufacturer and/or any executives on behalf of any battery cells manufacturer would want to waste a single second speaking with "The Missionaries On Assignment" representing Northern Graphite Corporation in regards to?
Any of said types of company representatives would tell Hugues Jacquemin et al within the first minute of any conversation that perhaps they would be interested in purchasing some or all NGC's assets directly from the various creditors emerging from a CCAA proceeding with outright possession of such perhaps sought after assets.
In my opinion, this company is being quite intentionally starved of any additional desperately needed capital infusions by "Sprott", Imerys SA, Heraeus Group and that Greggory Bowes "consulted" corporation and/or any other would be determined to be "creditors" of the corporation.
It's either they go about one by one selling part of or the entirety of certain remaining assets, doing so in order to continue funding existing financial obligations or the company representatives dare to try to undertake anywhere up to $100 Million in equity financing; doing so at a 50% discount to what had been the company's CAD$0.18 book value to share price, which would be an offering price of CAD$0.09.
Such a planned outcome would be wholly dilutive and be representative of a final long planned blow being delivered to our respective equity investment values.
You asked "what else is new from this failure of a management group"?
ANSWER: Perhaps the imminent filing of the prospectus supplement to the final base shelf prospectus with the applicable Canadian securities regulatory authorities?
Should they attempt the "At The Market" equity financing initiative, the NGC.V share price could be immediately driven down to $0.09.
Then, should there be afailure to attract enough interested purchasers of the ATM equity financing, we would likely see an arranged for private placement equity financing initiative catering to the intent to shift, shuffle and deal away the equity control of this corporation to privately assigned party or parties, with perhaps Hugues Jacquemin, Greggory Bowes, Guillaume Jacq, Mr. Birge et al taking part.
"It's The Art of The Steal" and it's what "The Missionaries On Assignment" are invariably dispatched by their lieges in order to ensure would take place. It's ultimately what marionettes like Hugues Jacquemin et al tend to "rent" themselves out to be utilized as.