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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 24, 2024 1:09pm
63 Views
Post# 36280567

Mystery

MysteryThe mystery buyer has been accumulating about 200K per day.  They paid at the high and low range on OTC this morning, then switched to CX-2 exchange (anon on stockwatch). If this was Todd, it would take over 6 months at the current rate, to reach the 90% ownership mark.  If it was some party trying to get all the non-Todd fraction of shares, it would take over a year.  But if it was just some retail investor with a conviction that prices were heading much higher, buying a few million shares without triggering a break-out in SP and gradual accumulation with some over-paying makes some sense.  No one is filing insider reports, for what that is worth. 
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