My graphite company is the one I started buying two years ago in August 2014 after one of two visits: Nouveau Monde Mining. Its market value of $18 million USD is a quarter of the Quebec graphite developer that is leading the pack: Mason Graphite.
Mason is
as
worthy
as they come in the overcrowded field of wanna-be graphite developers; Mason has Benoit Gascon, a storied
and veteran
graphite developer and operator, at the helm. Mason Graphite
likely will be the first new graphite
(Cg)
project in that French-speaking prov
i
nce of Canada
in many, many years
. I do not own
Mason
shares, which are at their highest point
in USD and CAD
since early 2013.
(I own more than 100,000 shares of Nouveau Monde; I won a small amount of Great Lakes Graphite; I own a small amount of Northern Graphite
; on the lithium side of the rechargeable battery equation, I own a small amount of a new-co with a Nevada brine deposit: Advantage Lithium.)
Nouveau Monde
(NOU in Canada and NMGRF in USA) I hope will be the second graphite mine in Quebec -- the second fresh one, that is. This will be on a portion of its Matawinie property just alongside the town of Saint-Michele-des-Saintes
some 130 kilometers
north of Montreal.
Young and barrel-chested
Eric Desaulniers
' to-do-list for his little Nouveau is
pretty
big. So far,
in the two years since I met him way up there, Eric has ticked off six or more of a list of maybe a dozen major tasks for the high-grade and varied graphite at Matawinie. I won't go into all of them; just look at the events for yourself. www.nouveaumonde.ca
Some 14
linear km of conductive anomalies
via graphite grading generally 3% to 7% carbon graphite.
Resource calc: 48.6 million tons indicated at 3.97% Cg and 34.7 million tonnes inferred at 4.08% Cg. Strip ratio of 0.94:1.0.
Flotation milling yield
s
a concentrate with a purity above 97.1% Cg and a recovery rate
of about
89.5%.
June 2016
: a preliminary economic assessment
for Matawinie.
Pas mal
for a geophysicist who with his wife, Sophy, tends to a family of 6. I think he also stuck a diamond property, a potential one, and a gold property, in the mix, too -- after viewing his domain from a chopper along with his geologist partners.
Here is what
lies
ahead
in rainy Quebec this summer and autumn
for NOU,
whose property resides in a part of
Canada better known at this time of year for forested lakes and easy fishing than it is for black and beautiful graphite.
Eric says he is "
very active in the project development these days
.
"
As in:
1- 7000m
d
rilling
is
on-
going for resource expansion and definition for an update
d resource
later this year;
2-
graphite products
'
flowsheet development to be included in a PFS early 2017;
3- e
nvironmental studies ongoing.
On the
"
marketing
"
side,
Eric already has former Lehman Bros. boss R
i
chard Fuld on board with his advisory firm out of NYC; and along with that a greater than 5% st
a
ke in NOU. Mr. Fuld and his firm are putting Eric in touch with possible Korea, Japan and other graphite users -- manufacturers of lithium-ion batteries, chemicals, paints and other uses for
the Cg
.
[Look at the nouveaumonde.ca spiel and you will see four or five other
banks, pensions funds, trusts and entities that own slices of NOU. The shares for that reason are a challenge to buy. My purchase today
at approx. 22 cents USD
took almost a minute to go through -- at "market."]
Eric adds today that NOU will be "starting institutional roadshows helped by three C
anadian banks in Toronto, Montreal and NYC early in August,
and
it should hel
p
the proper valuation of the company.
"
Perhaps. What I would like is an improper valuation for Nouveau Monde, one that is three times the scale of worth for any rare, richly endowed and easily traveled graphite project.
All in due time, Monsieur Desaulniers.
You see attached
here
th
os
e share purchases I have made in one account alone since August 2014.
Pray thee, TCR Network, keep them close to home.
There are other accounts -- every one I own, or we own, I believe, or almost every one, with NOU shares in 'em.
07/20/2016
|
Buy
|
Trade Details
|
NMGRF
|
|
3,900
|
$0.2234
|
*
|
-$877.08
|
07/20/2016
|
Buy
|
Trade Details
|
NMGRF
|
|
2,100
|
$0.2184
|
*
|
-$458.70
|
06/27/2016
|
Buy
|
Trade Details
|
NMGRF
|
|
1,000
|
$0.258
|
$8.95
|
-$266.95
|
05/24/2016
|
Buy
|
Trade Details
|
NMGRF
|
|
12,000
|
$0.219
|
$8.95
|
-$2,636.95
|
10/20/2015
|
Buy
|
Trade Details
|
NMGRF
|
|
7,800
|
$0.1449
|
$8.95
|
-$1,139.17
|
09/08/2014
|
Buy
|
Trade Details
|
NMGRF
|
|
6,000
|
$0.222
|
$6.71
|
-$1,338.71
|
09/08/2014
|
Buy
|
Trade Details
|
NMGRF
|
|
2,000
|
$0.222
|
$2.24
|
-$446.24
|
09/05/2014
|
Buy
|
Trade Details
|
NMGRF
|
|
10,000
|
$0.206
|
$8.95
|
-$2,068.95
|
08/06/2014
|
Buy
|
Trade Details
|
NMGRF
|
|
6,000
|
$0.1588
|
$3.36
|
-$956.16
|
08/06/2014
|
Buy
|
Trade Details
|
NMGRF
|
|
10,000
|
$0.1588
|
$5.59
|
-$1,593.59
|
-- Thom Calandra
(None of these companies pays me a dime.)