Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by Backstreets on Jun 09, 2022 1:54pm

Not Good

Asks are stacking up like pre-roll and SP trending down again.
Has not even hit .10 (.01 pre-roll) since split with now only 14 mil O/S.
ZERO momo for several months now.
Are we going to hit .005 again post-roll ?

Not good.
Comment by ValuePro on Jun 09, 2022 4:47pm
You may be correct, but it is hard to know when volume is nothing or next to nothing - I don't think it's traded in the US for days.  A contrarian might say that market psychology is gathering strength for a move to the upside when silver turns higher, assuming no other news.   BTW, this was another terrible day for miners and explorers alike.  But the worm will turn; it ...more  
Comment by stockman2021 on Jun 09, 2022 5:56pm
This post has been removed in accordance with Community Policy
Comment by Backstreets on Jun 10, 2022 10:06am
Volume is low because they did a 10-1 rollback. Silver/gold goes up and down (probably manipulated) but it won't matter if no ground work is being done. The point being the SP is crashing lower again with thin bids in .05s and asks building. If according to Predator they may still have an issue with a unhappy seller, what is to prevent a cratering SP again ? For the worm to turn, expecially ...more  
Comment by woodwise on Jun 10, 2022 10:41am
LOL
Comment by ValuePro on Jun 10, 2022 12:13pm
"For the worm to turn, expecially after a retail crushing 10-1 rollback a play needs to come up with good steady news to get confidence and momo back." Well, yes, I can certainly agree with that.  However, the number of daily trades has little to do with a RS.  It is the number of trades that have fallen to virtually nothing.  Sometimes we use volume and trades ...more  
Comment by realty on Jun 10, 2022 12:45pm
It all depends what you are here for.  If it is daytrading, well the number of trades and volume suck for you.  If you are here for value, then its a matter of valuing the assets and obtaining a discounted price and waiting.  Volume and the number of trades wont matter then until the assets grow in value and you decide that you want to sell.  We are all here to make money, but ...more  
Comment by ValuePro on Jun 10, 2022 12:54pm
Roger that!
Comment by happy75 on Jun 13, 2022 12:53pm
Uh oh
Comment by ValuePro on Jun 13, 2022 2:57pm
Uh, oh?  What?  The price is down today? Everything is getting whacked today.  You must not have noticed. 
Comment by happy75 on Jun 13, 2022 5:29pm
Yes I noticed but just worries me that it can get worse overall. 
Comment by ValuePro on Jun 13, 2022 8:01pm
"Worse all over" is what happened to miners today anyway.  Most all got taken down hard.  This trend will continue until it doesn't.  We are in a bear market for most all stocks now.  Everything goes now initially.  Mines climb back first.
Comment by realty on Jun 14, 2022 7:58pm
Could be the next Hermosa right here.  Lets see, 20% of 1.5 billion is a 300 million dollar market cap.  Realty
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities