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Bullboard - Stock Discussion Forum Nouveau Monde Graphite Inc T.NOU

Alternate Symbol(s):  NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret... see more

TSX:NOU - Post Discussion

Nouveau Monde Graphite Inc > Most Interesting situation R/S 10:1
View:
Post by blueblack on Mar 25, 2021 2:53pm

Most Interesting situation R/S 10:1

lOT'S PEOPLE ON THIS BOARD INCLUDING MYSELF CALLED THIS A FEW WEEKS AGO. I personnallt taught it would be a 3:1 but they opted diffently.

Now it will be intetesting if they will promote the stock after the R/S or will let it ride down?

they certainly have enough amunnition if they want to let it go higher...

annoucement that they have reached an agreement with 1 st nation
environmental concerns have been addressed
Annocemnt Construction of new plants progressing nicely
Annoucemnt of contracts with OEM'S etc...

Anyone want  to add here ...?

Will be interesting to see if Eric the president of Nou has the back of the retail investor or he used us to promote NOU when it was advangateous for him and now he is at the mercy of the 
Institutional investors. THE BIG BOYS !!!

I hope the little guys don't get F&#*@ bURNT AGAIN !!

B.B.
Comment by Fastvinny on Mar 25, 2021 3:56pm
I am sure you will be vry happy if you are long on this .. a small flooat just means less people have shares and usually low floats have quite less penney flippers / shorters , that sort of thing and once big boys are in they want a  good ROI and usually that's divedends. they need the US marketshare no doubt , so that's why they are listing in NYC. ALL MAKES GOOD SENSE 
Comment by mo1975 on Mar 26, 2021 10:31am
that small floats means that they could issue another 36mm shares and easily raise 500/600mm and still have a float of less than 80mm shares of which pallinghurst would still owns their percentage which is about 40+%....  give the fact thats institutional investments are generally bought deal  below the current stock price and not available to the small investor going to go away slowly ...more