Re: Northern Graphite CEO Gregory Bowes on Ontario graphite property met results
posted on
May 01, 2012 06:32PM
Recently announced significant increase in estimated resources
Hey Canuk, it's nice of you to drop by to keep me company. It's been kindda lonely here so I had to talk to myself during the last little while. So, now we have a critical mass to attract posters around the world.
The good thing about this company is that management has been lining up their activities by the book, as required by the security watch-dog and the folks in the financial community.
- NI-43-101 technical report showing a high quality deposit, large enough to last some 40 years, and that's is good enough for now, with excellent potential for expansion (north end of the PEA 2010 pit)
- flake graphite, large size in high proportion, confrim by metallurgy tests.
- flakes are good for making spherical graphite (fetch top dollars) which is required for making Li-ion batteries and fuel cells...proven by tests
- pilot plant loacated in SGS Lakefield (about 15km North of Peterborough, Ontario which is on the Trans-Canada Hyw 7). For out of town/Canada virtual tourists... Google SGS Lakefield Lab, ON Google Map will find it.
- bankable FS and mine closure plan are in the pipe line. The BFS is scheduled for end of May 2012.
- 2013 facility up and running.
- Strong support from local communities.
The fundamentals of NGC are good. It looks like all the ducks are in a row and they have delivered on their promises. NGC is a top-tier junior and will be the first, among the up-start companies, to produce high quality for the market.
Virtual Tourists: NGC Bissett Creek Grapjite Deposit is located at Lat. and Long. 46 07 06.27 N, 78 03 32.47 W (Google Earth will fly you in). It's about 3 hours by car from Ottawa, Canada Capital City, on Trans-Canada Hyw 17 (last 15 km is along Bissett Creek Rd).
goldhunter