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Bullboard - Stock Discussion Forum 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... see more

TSX:NCF - Post Discussion

Northcliff Resources Ltd > I Remember When This Project
View:
Post by argaiv on Jul 06, 2021 5:53am

I Remember When This Project

Was owned by Geodex.  A newsletter I subscribed to was in love with this stock, and there was probably another one besides that.  A friend who has since passed away threw all or most of his money at this compnay, and the project sort of died or was picked up by Hunter Dickinson group.
The share price is low, and I did not look at the number of shares outstanding before looking at this stock, but I believe it has been pretty heavily diluted.  They probably would have to arrange some financing which would rquire a share rollback IMO.
Comment by Rakotomo on Jul 06, 2021 11:30am
Don't forget that the Todd Corporation owns more than 11%. They have a value of over 4 billion dollars... You may contact them by filling the form found at the following link: https://toddcorporation.com/contact/ Good luck to all...
Comment by stockpunter on Jul 06, 2021 5:15pm
Todd, through Todd Minerals, owns 11.5% of Sisson.  They own about 50% of NCF.  
Comment by stockpunter on Jul 06, 2021 5:25pm
Clarification: Todd owned 41.4 % of NCF shares in Feb.  They received more shares in exchange for debt since then, but I don't have the details.
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