Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Oh goodie...lets shut down production Q4, prefer winter...
View:
Post by GripnRip on Oct 21, 2024 9:29am

Oh goodie...lets shut down production Q4, prefer winter...

The shutdown will begin on November 2nd, with production estimated to resume on January 6, 2025. In the interim, Northern will seek to mitigate any disruptions by supplying customers from inventories and from third parties.

Maybe FMS has some graphite to sell NGC
Comment by youknowwhat on Oct 21, 2024 10:20am
Oh my goodness I missed from "third parties" in my initial read. Thanks for pointing that out. wow Pav the wordsmith could have just said "We are shutting down production because we DO NOT HAVE ENOUGH RESOURCES TO PAY EMPLOYEES."  Not Pav's fault though the BOD need to approve news releases. At the very least this is FISHY. 
Comment by 1student on Oct 21, 2024 5:16pm
youknowwhat, It's "fishy" alright. What else do you expect from Hugues Jacquemin, Greggory Bowes Cam Birge et al. Now, we find out Northern Graphite Corporation representatives are relying on "third parties" to supply it's graphite purchasing customers what they are owed. Is that because the previously mined and processed inventory has been sold forward and the ...more