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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 > NGC Book Value Per Share Price $0.05
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Post by 1student on Aug 29, 2024 12:22pm

NGC Book Value Per Share Price $0.05

At this juncture, one can expect the massive waves of NGC.V shareholder capitulation to commence.
There is no reason to expect that this $0.07 share price can hold up.
NGC.V shares should begin trading at a discount (perhaps 20%) to book value per share price now. That would be a discount to that $0.05.
Do the math people. Hugues Jaquemin et al have just let it be known that one of the last nails is being driven into this NGC.V coffin.

Greggory Bowes believes himself to have outsmarted the NGC.V equity investors whom he, along with Hugues Jacquemin,Cam Birge et al.,  have gone about fleecing.
Not to worry. Lessons to be learned would be had all around.
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