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Bullboard - Stock Discussion Forum Norsemont Mining Inc C.NOM

Alternate Symbol(s):  NRRSF

Norsemont Mining Inc. is a Canada-based junior mining company with 100% ownership of the Choquelimpie Gold and Silver Project. The Company is engaged in the acquisition, exploration, and development of resource properties. The Choquelimpie Gold and Silver Project is located in the Arica and Parinacota Region of Chile, covering over 5757 hectares (ha) with year-round access. The Choquelimpie... see more

CSE:NOM - Post Discussion

Norsemont Mining Inc > Latest Financials
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Post by rockmoney on Sep 05, 2022 1:55pm

Latest Financials

Just took a look at the June 30 2022 quarter. Ugly. Less than $200,000 cash and current liabilities, which means they are due now, are like $1.4 million. So they are stone cold broke and doing zero in the field. Will have to do a very dilutive financng to keep the lights on.
Comment by 5oceans on Apr 04, 2023 2:43pm
thx for posting that, I have the same read and been waiting for that anoucement. I am thinking the share move downward is indicating that reality.  For the ones interested to get in or average down, have to keep a close whatch on volume.