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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

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Post by stockpunter on Mar 27, 2022 9:39pm

NPV/share

goes from C$1.60 to C$1.42 with the new share dilution, using the NPV calculated from original fs as a staring point.  
Note that as Todd's share of NCF increases, the dilution of NCF share value is shared more and more by Todd.  The advantage to Todd of taking more shares, as opposed to increased Sisson ownership, might be that they get more contol of corporate affairs.
It is disappointing that NCF couldn't come up with an iota of news that might have pumped the SP last week.  Have they really accomplished nothing since they posted their last corporate presentation?
Comment by justus434 on Mar 28, 2022 1:57am
This post has been removed in accordance with Community Policy
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