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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 > Friday SP and volume
View:
Post by stockpunter on Dec 04, 2021 12:19pm

Friday SP and volume

Just when you think the POS is dead it gives another twitch.  Someone must know or suspect something is up.   I don't see any evidence that october 2020 loan has been converted to NCF shares or Sisson ownership.  Concievably, the recent larger loan was used to repay the original debt.   The NPV, based on the original FS, is still about $1.60/ NCF share as near as I can make out.
Insiders' options expired and new ones were issued. 
Has anyone got any information on this story?
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