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Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp is an exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where the company is in joint venture with Reyna Silver Corp.


CSE:NLR - Post by User

Comment by ValueProon Jan 05, 2023 3:51pm
56 Views
Post# 35205457

RE:RE:RE:RE:LACK OF PUBLIC DISCLOSURES - REALTY

RE:RE:RE:RE:LACK OF PUBLIC DISCLOSURES - REALTYrealty, thanks for the info, though I don't think it matters much now, given the Reyna buy-out of Medicine Springs for a tiny bit of cash and many shares in Reyna.  Then, as to the share volumes last month, it is hard to tell what, if any, portion of that was "the investor," or tax loss sellers AND new buyers speculating on the Reyna purchase, or a combination of both. 

Regarding the need to disclose purchases, I think up to 5 percent is the limit in the US and up to 10 percent in Canada.  I don't think disclosure is required upon sale if "the investor" is not an insider.  The important news was out this morning, and NLR gained 40 percent in anticipation of it.  ...holding most of that today when many other issues are off.

Thanks again.

VP
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