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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 > What's going on ?
View:
Post by HarfanddesNeiges on May 24, 2023 10:27am

What's going on ?

Suppose to be the best GREEN mining cie in North America ...GLTA
Comment by Eizenberg on May 24, 2023 10:55am
Since the coming of NOU on the stock market, they had to issue more shares (dilution) and to do a reverse split to have a price greater than $2 to be on the NYSE market. If you look at the chart, it does not look good, the long term trend is really bearish. I guess they will have to do another reverse split to stay on the NYSE or else they will be back on the OTC market (penny stocks). I lost on ...more  
Comment by Royal10 on May 24, 2023 4:13pm
I sold at loss today! Management demonstrates lack of competence. Insiders receive free stock options, but they don't spend their own money to buy the stock. This is a big flop!
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