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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 Sep 12, 2024 2:07am
66 Views
Post# 36219775

RE:Question...

RE:Question...Wangotango67,

I am everywhere all the time, lol!.
Canadian graphite companies, such as Nouveau Monde Graphite and Graphano Energy Ltd, keep most of my interest.
Northern Graphite Corporation is headed history's dustbin.
The extention by "Sprott", NGC's primary creditor, is merely "Sprott" lining up their ducks, so to speak.
It seems you couldn't give away NGC.V shares nowadays.
Hardly anybody is buying and everbody else and their cousins are holding equity positions so far underwater that massive waves of NGC.V shareholder capitulation going into the annual tax loss harvesting season are just about guaranteed now.
CAD$0.055 very much tells the story here with NGC.
I called  not only the CAD$0.05 NGC share price point when the share price was at $0.09. I also called the creditors, Sprott" in particular, ultimately calling in the markers.

In my opinion, Huges Jacquemin would do well not to partake of any helicopter rides and also refrain from visiting the near highest floors of certain office towers . After all, history would inform us of precisely how Bre-X stakeholders resolved their particular dilemma.
Yes. An unstoppable force meeting an immovable object, so to speak.
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