Northern Graphite (TSXV:NGC) Investors should pay attention to Northern Graphite. Exploration investors should expect constant news flow from this impressive team led by CEO, Hugues Jacquemin. He is going to "thicken the stream" with one small mine growing to two and another deposit in Ontario in the bullpen.
Firstly, the company's Lac Des Lles mine in Quebec makes NGC the ONLY North American graphite producer. Namibia offers more low-cost production, which once complete, would make the Company the third largest producer outside of China. On top of all this, the undeveloped Bissett Creek deposit in Ontario offers more start-up potential to this simple yet undervalued story. It is very easy by applying some basic valuation on the Lac Des Lles mine along with the addition of Mousseau West, Namibia, and Bissett Creek - to come up with a target price North of C$1.00 per share. We expect that investment bankers will soon figure this out and this stock will more than double from the current mid fifty cent price level. The strategy of "thickening the downstream" makes profitable sense for any miner, with little additional risk. This a smart move by a miner of graphite, given the way the end user interface works in the massive and growing EV world. This leads us to conclude that Northern Graphite stands out as an incredible deal for the enterprising investor. NGC is RATED a STRONG BUY. - The Enterprising Investor The Enterprising Investor is one who is experienced in investing and is willing and able to put forth an “intelligent effort” in analyzing a wide range of seasoned stocks. IWA has an ongoing consulting contract for investor relations with Northern Graphite Corporation and is also a shareholder.
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.