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Bullboard - Stock Discussion Forum Northern Lights Resources 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 a joint venture with Reyna Silver Corp.

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Northern Lights Resources > $1,000,000
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realty (37) | June 26, 2022 12:04 pm

A thought.....  If I am NLR, I think I go into hibernation for 3-6 months while Reyna drills the property.  This will allow the silver price to probably come back; If the drill results are good Reyna will buy 5% more ownership for a million bucks.  If the share price goes up significantly at any time, then I would seek a raise.  Very few companies are seeking raises in the middle of this economic crises globally.  The terms are not extremely favorable because capital is not readily available.  Realty


ValuePro (151) | June 26, 2022 01:03 pm

I hold similar thoughts, though I am not understanding "hibernation."  If some expenses must be covered anyway, they may as well do some of their own exploration work anyway, assuming funds are available.  Things will only get more costly by waiting. 


Totalmetalhead (32) | June 26, 2022 06:26 pm

Capital is readily available for good companies with good properties and good management. Unfortunately we cover only 2 out of 3. Management has to go.


ValuePro (151) | June 27, 2022 10:50 am

No, YOU have to go, so I will do both of us a favor and move you to ignore until your next new alias shows up here.

Bye, bye.  [Click!]


Totalmetalhead (32) | June 28, 2022 06:53 am

Laugh what a joker almost as bad as the three musketeers aka NLR management.


Totalmetalhead (32) | June 28, 2022 10:24 am

Who in their right mine world would pay $0.075 per share without a warrant when they can buy all the shares they want at less on the open market? I mean really..

$0.05Bid: 0.045 x 1000Ask: 0.05 x 55000

Clowns to the left of me jokers to the right there I am stuck in the middle with NLR management. Roll back to Roll back and return our shares...


ggrellette (406) | June 28, 2022 01:00 pm

There are usually 2 reasons why players buy into PP's. You are correct about the warrant which is one reason. The other reason is they can buy at one time a huge position without the price moving up. 


Totalmetalhead (32) | June 28, 2022 02:25 pm

investors that participate in private placements want the price to go up once they have purchased the shares and then have the warrants as a bonus when they mature


Totalmetalhead (32) | June 27, 2022 08:51 am

Its day 26 and still no denaro. Its time for management to step up to the plate and buy up the offering at $.075 (no warrant attached) with their own money that we paid them with in salary that they don't deserve. They should also do a 11-1 split and return the shares they stole from us.