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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

View:
Post by cueball40 on Mar 24, 2021 8:29am

Worthless ?

just  out  by  Seeking Alpha  ouch


Monde Graphite - It Sounds Too Good To Be True
Mar. 24, 2021 2:37 AM ETNouveau Monde Graphite Inc. (NMGRF)SRHYYSYAAF
Summary
The company’s Matawinie graphite project and its anode plant are projected to generate an EBITDA of around $270 million per year.
However, there are several red flags and I think the operation could be next to worthless in today’s graphite market.
Comment by whoknows on Mar 24, 2021 8:35am
If you are so afraid....SELL YOUR SHARES....then, maybe you will recover peace of mind
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