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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 Dec 03, 2024 2:09pm
29 Views
Post# 36343411

RE:NGC 0.13 cent 52% up

RE:NGC 0.13 cent 52% upRedj4444,

You stated "
Student, stop talking stupid about NGC. How a company can increase its delivery of graphite to an exhausted mine, explain that to me. I don't undurstand your logic". 

Increasing delivery of already processed and inventoried specified grade and quality of graphite material is precisely what the company officers and directors have been busy doing for the past year.
What's more, the company representatives clearly stated that customer grahpite material requirements would be fulfilled by other graphite material suppliers.
I expect all the higher quality graphite material inventory had been sold just to keep up with paying interest owed to NGC's main creditor "Sprott"; and th company management still couldn't make the payments owned to creditors.

It's nice that your investment has alomost doubled 
, i.e. nice for you; not many others Redj4444.
Whatever share price appreciation you are experiencing right now is only due to the company employed market makers trying to juice up the share price in order to established an a share price for the comming massive, dilutive and materially impacting equity offering transaction.
It's temporay and certainly nowhere near enough to all an exit before that hammer of massive material and immense equity investment value dilution is brought down upon us once again.

You call this talking stupid; I call it speaking entirely realistically 
Redj4444.
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