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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The Company holds an approximately 88.5% controlling interest in and is the operator of the advanced-stage Sisson Tungsten-Molybdenum Project in New Brunswick. The Sisson Project has approximately 14,140 hectares. The Sisson Project has the potential to become a near-term critical metal producer, providing new primary supply of tungsten and molybdenum to North American, European and Asian markets. The Sisson Project is based on a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining.


TSX:NCF - Post by User

Post by stockpunter2on Oct 19, 2024 1:47pm
55 Views
Post# 36273195

Molybdenum

MolybdenumTrue that Mo price could get pushed down by Mo mining and by Mo by-product from copper mining.  In the orginal fs a price of $15 US was assumed.   Mo was projected at the 350$ W, $15 Mo model inputs to contribute 20% of revenue.  Currently Mo is about $30 US.
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