Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Aug 07, 2024 5:01am
56 Views
Post# 36167036

RE:1 students

RE:1 students youknowwhat,

I doubt you have a bad memory.

That is correct youknowwhat. I am the very participant here who has said all along that the NGC.V share price was quite intentionally being made to head down to CAD$0.09, which is representative of a 50% discount to NGC's book value per share price of CAD$0.18.
Once Hugues Jacquemin et al brought on that "related party" kind of market maker, I figured "the fix was in".

At this juncture, after achieving a 50% discount to NGC'S book value per share price and still not enticing any would be purchasers of NGC.V shares with a 50% discount on NGC.V equities offered, we can naturally expect that the filing of that supplement to the final $100 Million base shelf prospectus would be undertaken and that last act of desperation At The Market type equity offering could be commenced.
After all, we know this company is in desperate need of capital and nobody and nobody's cousins are any longer willing to line up for a chance to send their monies off to die a slow death here with the now infamous Northern Graphite Corporation, NGC:TSX-V.


This is part in parcel what "The Missionaries On Assignment" ultimately intended to take place people.

<< Previous
Bullboard Posts
Next >>