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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 1studenton Aug 29, 2024 12:22pm
178 Views
Post# 36201386

NGC Book Value Per Share Price $0.05

NGC Book Value Per Share Price $0.05At this juncture, one can expect the massive waves of NGC.V shareholder capitulation to commence.
There is no reason to expect that this $0.07 share price can hold up.
NGC.V shares should begin trading at a discount (perhaps 20%) to book value per share price now. That would be a discount to that $0.05.
Do the math people. Hugues Jaquemin et al have just let it be known that one of the last nails is being driven into this NGC.V coffin.

Greggory Bowes believes himself to have outsmarted the NGC.V equity investors whom he, along with Hugues Jacquemin,Cam Birge et al.,  have gone about fleecing.
Not to worry. Lessons to be learned would be had all around.


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