Post by
seveneleven711 on Mar 17, 2024 2:58pm
opinion
I believe that within ~ the next 90-180 days we will know if the Sisson Project will receive grants and/or loans from the Canadian and/or the U.S. governments. I also believe that Todd has a very close relationship with the Chinese (seriously do your own DD and you will see what I mean) which means the Chinese could also invest in Sisson "indirectly" through Todd, I'm not sure that the market understands yet how important Sisson is to the supply of APT tungsten and molybdenum. One way or the other, financing is coming through whom ever wants control of the $15 Billion worth of metal, at present metal prices, in the ground at Sisson. "As they say, GO USA". Today's prices of W/Mo most likely will increase as well. What does this all mean for us, you and me?
Mining companies with construction permits, EFS and offtake contracts/purchase agreements are being sold for 3% to 6% of the total value of resources or resrerves in the ground displayed by a bankable economic feasibility study(EFS). Sisson is worth $15B CAN in the ground, NCF owns 88.5% or $13.275B. NCF would sell from 3% or $ 400M CAN to 6% or $ 800M CAN. AT ~ 600 million shares fully diluted, this means our shares could be worth ~$0.67/share CAN to $1.34 CAN on a buyout. Just my opinion and time will tell, but the market should be interesting/exciting in the coming days, weeks and months. Good Luck and GO New Brunswick.