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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 > Perhaps Yet Another NGC Friday After market Press Release?
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Post by 1student on May 24, 2024 3:20pm

Perhaps Yet Another NGC Friday After market Press Release?

That filed supplement to the $100 Million final base shelf prospectus could be today's after market hours disseminated NGC press release.

I will tell you that any continuously ongoing At The Market type of NGC equity offering eing pursued, as part in parcel of and as enabled by the supplement filing activating the final 
$100 Million final base shelf prospectus, would be wholly demonstrative of utter desperation on the part of "the company".
At the market type equity offerings are invariably attracting of predatory type investors who would be enabled to drive the NGC.V share price down and keep the share price heading lower for longer, this whilst knowing that NGC has little other choice than to continue raising the capital NGC immediately needs by way of such At The Market equity offering.
This would benefit "The Missionaries On Assignement" and/or their lieges, i.e. interested parties who would be seeking to incrementally amass more of an equity control interest in NGC and immensely discounted share price points, so as to have the remaining company assets under their collective control and so as to shift, shuffle and deal such assets away to privately arranged for and designated parties.
Should this management team try shifting, shuffling and backdoor dealing away for themselves and their business associates some of or materially all of the assets of the company . .  .
Suffice to say there is already somebody else waiting at the back door with . . .
Comment by Harley103 on May 24, 2024 4:40pm
Congratulations to our newest Board member, Samantha Espley, for her well deserved recognition by the Canadian Institute of Mining, Metallurgy and Petroleum for her contribution to the mining industry. Samantha received the Institute’s Diversity and Inclusion award. Samantha joined our Board in January, bringing with her extensive experience and a history of making transformation happen over the ...more  
Comment by 1student on May 24, 2024 10:38pm
Diversity and Inclusion is so important to the graphite mining industry that I expect Hugues Jacquemine to become "more diverse" and "more inclusive" of specific employees dressed as drag queens and like kinds of people being appointed to and taking up most senior C-suite and board of directors positions, e.g. CEO, COO, CFO, Chairman of the Board of Directors, etc. After all ...more  
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