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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 stockpunter2 on Oct 24, 2024 1:09pm

Mystery

The mystery buyer has been accumulating about 200K per day.  They paid at the high and low range on OTC this morning, then switched to CX-2 exchange (anon on stockwatch). If this was Todd, it would take over 6 months at the current rate, to reach the 90% ownership mark.  If it was some party trying to get all the non-Todd fraction of shares, it would take over a year.  But if it was just some retail investor with a conviction that prices were heading much higher, buying a few million shares without triggering a break-out in SP and gradual accumulation with some over-paying makes some sense.  No one is filing insider reports, for what that is worth.
Comment by seveneleven711 on Oct 24, 2024 2:00pm
Possibly "a tidying up of the market" before some kind of news?
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