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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

Comment by 1studenton Jun 25, 2024 8:50pm
36 Views
Post# 36106152

RE:I would enjoy nothing more than to....

RE:I would enjoy nothing more than to....Gorilladome47,

I guess you too would be simply waiting for the coming massive and material dilution to nearest to completely annihilate your NGC.V equity investmet value before dumping.

I wrote this company off (on paper that is) and so too did the equities investment community at large.
Hugues Jacquemin ET AL can't raise any capital without giving away the farm. Everybody and their cousins know this.
Northern Graphite Corporation is "a dead company being slow walked", so to speak.
CCAA proceedings could be in the cards. It's possibly how the final shifting, shuffling and dealing away to privately sought out parties would ultimately be facilitated.

You stated "
Clearly, the US govt HAS money and is dishing it out to companies and projects....WHAT IS THE ISSUE HUGUES?"

It's simple. Don't expect anything from Hugues Jacquemin ET AL and you won't become even more disappointed.
The Honorable Albert C. Zapanta, former U.S. Major General, simply knows that without that $100 Million equity financing initiative (e.g. an
 AThe Market type of NGC.V equity offering) being forthwith pursued and necessarily undertaken by or on behalf of Northern Graphite Corporation, there is less likelyhood - i.e. if any likelihood at all - that U.S. Government representatives or representatives of The Government of Canada would elect to consider sending and in fact send NGC any form of desperately needed assistance, e.g. capital grants, loans/credit facility, direct equity investment, etc.

If hope ever made any difference - it does not -, I would obviously hope to be absolutely wrong about this NGC.V equities investors fleecing facilitating corporate vehicle and those 'Missionaries On Assignment" currently milking "the only North American based graphite miner" "grift", so to speak, for all it's worth.
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