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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > Mousseau West New Drilling Camp
View:
Post by graphene007 on May 03, 2023 6:00pm

Mousseau West New Drilling Camp

Never Forget Former Mousseau West Surface Drilling Results (Ni 43 101)
Hole # 123 : 63,90 metres at 5,08 % Gp
Hole # 137 : 65,60 metres at 7,85 % Gp
Hole # 139 : 61,50 metres at 6,26 % Gp
Hole # 140 : 68,00 metres at 5,55 % Gp
Hole # 144 : 85,90 metres at 8,60 % Gp
Comment by 1student on May 04, 2023 12:33am
Yes graphene007. NGC will be required to raise much more capital in order to begin actual mining of graphite at Mousseau West. Not being able to raise capital at higher price points is definitely not a enviable position for NGC to be in. Th closing of a $2.25 Million flow-through charity financing, priced at $0.75, results in the share price heading straight down to $0.46. That is also something ...more  
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