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Bullboard - Stock Discussion Forum Nouveau Monde Graphite Inc V.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

TSXV:NOU - Post Discussion

Nouveau Monde Graphite Inc > NMG might acquire Mason graphite
View:
Post by MoneyMaker24 on Dec 01, 2020 12:30pm

NMG might acquire Mason graphite

Mason graphite is also in Quebec, huge graphite desposit with high purity.
Would be amazing if NMG would acquire this company so they can produce a lot more.
Ofcourse we have to wait for this, but it is possible in 2023/2024, because of the incoming cash flow
Comment by BlueMagic on Dec 01, 2020 12:39pm
The purity of Mason is very low ; -150 mesh - 57% of the project @ 91.7% purity. These not market for that ;(
Comment by happyman48 on Dec 01, 2020 12:59pm
I agreed with BlueMagic ; the purity of Mason Graphite is very low compare to NMG ; it was discussed  on nov 16 , 2020 : You are missing one IMPORTANT thing in your comparison : look at April 2020 exchange , and I saw in other site also  .  Quality of Mason's Grade is far away from the ones at NOU . '' The only thing Mason has is the high grade.  Their ...more  
Comment by SmilingDog on Dec 01, 2020 1:21pm
Agree this seems like a much longer term possibility. Their incremental capital usage needs to go towards downstream vs. adding on resource somewhere else.
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