TICKER: NGC:TSX.V; NGPHF:OTCQX
Northern Graphite Corp. is a graphite company that holds a 100% interest in the Bissett Creek graphite project, located close to infrastructure in Ontario, Canada. Bissett Creek is a unique large-flake, high-purity deposit that can be scaled to higher production levels as graphite demand increases due to growth in emerging economies and use in new applications such as lithium-ion batteries.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
The Metals Report Interview with Simon Moores
"Northern Graphite Corporation has been around for ages under a different name prior, but I think that will pay off because of the amount of information the company has on that deposit. I think everything it's been working toward will pay off. The large flake size is the key attraction to the Bissett Creek project. The grade is very low, but that's not much of a problem with graphite mining if you can economically extract it. Northern Graphite has a much higher distribution of large-flake material, which is what the industry wants. The next step is to redo the economics. The company released more drill information and increased its confirmed resource data. From there, it is a matter of riding out the storm until the market cycle comes around again. When that happens, it will be one of the strongest junior graphite companies."
Ron Struthers, Resource Stock Report
"Northern Graphite Corporation is one of the few graphite companies to have completed a feasibility study. Northern anticipates that it will be in a position to begin construction of the mine in 2013, subject to the availability of financing. . .the mine is expected to produce up to 20 Kmtpa graphite concentrate large flake (+80 mesh) and over, and 50% will be +50 and +32 mesh jumbo-sized flake, resulting in premium pricing."
Kiril Mugerman, Industrial Alliance Securities
"An updated resource published by Northern Graphite Corporation demonstrates two things: First, the project is very scalable and second, the higher grade zones that management was promising were confirmed and are now part of the Measured and Indicated resources. . .the resource update at 1.5% cut-off, shows a 12% increase in the grade and a 4% increase in total graphitic material contained. This makes us believe we will see a substantial decrease in operating costs. . .by publishing an updated and improved feasibility study, Northern Graphite will solidify its position as the most advanced and the most economically robust graphite project out there."
The Metals Report Interview with Chris Berry
"Northern Graphite Corporation is still the leader in the junior mining graphite space, in my opinion. I say this because it has published a bankable feasibility study and so we can get a clearer picture of the economics associated with a potential mine and what products the company intends to produce. We can argue about grade, purity and flake size, but company management has consistently delivered and this breeds confidence. Recent news from the company regarding results from a drill program effectively increased the overall grade of its deposit, and it moved the stock up nicely. The next catalysts for the company include an update to the bankable feasibility study, which should improve the economics and discussions with strategic partners."
Ron Struthers, Struthers Resource Stock Report
"Northern Graphite Corporation is the clear leader to production. However, the stock valuation does not reflect this. . .the company is very close to receiving its final mine permit."
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