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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

Northern Lights Resources Corp > The note holder looking to dump more........
View:
Post by ggrellette on Sep 16, 2022 2:32pm

The note holder looking to dump more........

shares into the open market. 
Comment by ValuePro on Sep 17, 2022 6:17pm
"The note holder looking to dump more........shares into the open market." Some of you are either ignorant of how this market sector works, or you are playing games thinking you can influence the direction of the stock price.  If the latter case, you are among a class that never seems to grasp that the power to move stock prices is not to be found on public message boards.  ...more  
Comment by Backstreets on Sep 20, 2022 3:23pm
Sure appears the folks pointing to a predatory note entity smashing down the price is being seen over and over again for a while now. 4 cents to 2 cents in a blink of an eye now. SAD.
Comment by Totalmetalhead on Sep 20, 2022 3:28pm
Don't worry be happy accumulte all the shares you can buy under $0.02 the agreement with party that benefits from the preditory note will expire in 2024.
Comment by ValuePro on Sep 20, 2022 5:03pm
What's sad is you bashers complaining about a note that can be covered to shares resulting in the price being driven to zero.  I keep asking you guys to quote from the note or paste a copy to prove that contention.  None of you will do so.  A non-reply gives a strong sense that you either don't know what you're talking about or are lying.  Geez, I hate to call ...more  
Comment by Totalmetalhead on Sep 21, 2022 8:15am
If its not in any agreement in writing it surely is tacitly agreed or we wouldnt be issuing shares to them at $0.023. Oh and why the secracy!? I don't recall management issuing a press release about this lowball financing. I think our boy value pro is an insider either Timcke, Bahnsen or the other clown Bahnsen. 09/06/2022 | 04:10pm EDT   ...more  
Comment by Totalmetalhead on Sep 21, 2022 8:17am
https://www.marketscreener.com/quote/stock/NORTHERN-LIGHTS-RESOURCES-46923088/news/Northern-Lights-Resources-Corporate-Update-41707234/
Comment by Backstreets on Sep 21, 2022 12:28pm
Good info to know Totalmetal, maybe a while then until SP stability is reached if predator around until 2024?
Comment by ValuePro on Sep 21, 2022 9:25pm
That's how exploration-phase miners keep the lights on while they advance their projects.  They all do it, all of them.  Nothing more needs to be said on this unless you are merely looking for an excuse for bashing. In this case, NL has an 80 percent partner to do the work at Medicine Springs.  
Comment by realty on Sep 21, 2022 10:40pm
Hmmm.  I have a fair chunk of this company and could buy all of it maybe.  Obviously, there is a predatory shareholder which I discovered a long while ago.  I would like to better understand what NLR is trying to accomplish here though.  All management has to do is tag a long for the ride with Reyna right now.   I dont understand some things here though.  NLR ...more  
Comment by Totalmetalhead on Sep 22, 2022 8:46am
All good questions and observations. Its obviouse this current management team holds its shareholders in contempt and is taking us for a ride. These three need to be run out of office for the way they are diluting shareholder value with their needless 10 to 1 reverse and senseless spending. I questioned why they committed to spending $90k on a promotion campaign depleting the financial resources ...more  
Comment by ValuePro on Sep 22, 2022 10:47am
"Its obviouse this current management team holds its shareholders in contempt and is taking us for a ride." What is obvious to me is that you do not know the difference between an opinion and outright slander.
Comment by Backstreets on Sep 22, 2022 8:47am
Exceptional post Realty and very valid questions. Might by why nobody is scooping up "cheap" shares right now. Maybe all this can be explained away as simply amateurish behavior by lightweights. Upside is Reyna is carrying a heavy load which may be a blessing here.
Comment by ValuePro on Sep 22, 2022 11:23am
"Might by why nobody is scooping up "cheap" shares right now." The whole mining sector is in the tank, the worst hit of all being the exploration-phase miners.  NL is not alone in this, and to my observations, stock trading volumes have never been so low for this time of year.  It is a seasonal thing in mining if you didn't know.  By now, we should be out of ...more  
Comment by realty on Sep 22, 2022 12:49pm
Disagree.  NLR has very little money and they can sit back and ride the Medicine Springs project and promote the project along side Reyna.  They should be at conventions and doing presentations/or piggybacking off of a Reyna presentations.  This would help their share price.   They can also self promote the Secret Pass Project.  What will the marketing company do ...more  
Comment by realty on Sep 22, 2022 12:54pm
Let's say that Medicine Springs turns into the next Hermosa worth 1.5 billion dollars.  Are you ok with NLR giving away 10% of the company for 50k when that 10% could be worth 20 million?  Heck, I might as well buy 50% of the company for 250k or less and take it private. Realty
Comment by ValuePro on Sep 22, 2022 7:09pm
I don't know if the agreement has been amended, but if not, you are pretty off-base in your understanding of it.  It looks like a typical JV agreement to me, at least where one partner has all the money and will do all the work.  "NLR is currently earning a 100% interest in the Medicine Springs Project under the terms of an option agreement with the underlying claim owners ...more  
Comment by ValuePro on Sep 22, 2022 6:50pm
You disagree?  O.k., why don't you take your questions and comments to the company and report here what they tell you? 
Comment by ValuePro on Sep 22, 2022 10:41am
"...spent $90,000 on a Relations and Marketing Consultant?  Uhm, why?  Reyna is already doing that on your behalf." Reyna can proceed almost at their own pace.  I don't think NL can afford to wait for them to help advance their stock price when they have a wholly-owned project, or have you forgotten about Secret Pass?  NL has no partner there at present. I would ...more  
Comment by realty on Sep 22, 2022 12:42pm
Secret Pass?  Has NLR attended any of the mining conventions with a booth or have they done any presentations at these conventions to persuade investors to invest in them do to the Secret Pass project?  I havent seen their booths or presentations.  Have you?  So, what is the management team currently doing?  Sitting at home?  Were the last two news releases by NLR the ...more  
Comment by ValuePro on Sep 22, 2022 6:48pm
"Has NLR attended any of the mining conventions with a booth or have they done any presentations at these conventions to persuade investors to invest in them do to the Secret Pass project?" Lots of companies operating on thin budgets are not doing conferences these days, or maybe you don't notice because you are not too much in touch with goings on in this sector.  Those ...more  
Comment by realty on Sep 22, 2022 10:11pm
ValuePro, Certainly 90k would pay for a lot of flights and conferences sir.  What will 90k get you from your newly hired marketing team?  A few press releases over the year?  Certainly you dont understand value, owning your own company, and marketing your own product?  So, you would say 90k is well spent then? Realty
Comment by ValuePro on Sep 23, 2022 12:05pm
You and your friends here are committed bashers.  Proceed as you will.  At least I understand that neither you nor I play any role in how the stock performs.   
Comment by woodwise on Sep 21, 2022 10:31am
This post has been removed in accordance with Community Policy
Comment by ValuePro on Sep 21, 2022 9:18pm
"If its not in any agreement in writing it surely is tacitly agreed..." If you genuinely believe that, you must complain to the appropriate authorities to get them delisted and brought up on criminal charges.  That you don't do so, and that you are not soliciting others to you in doing so (and explaining how to do so), you are behaving here fraudulently yourself.  ...more