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North Arrow Minerals Inc. V.NAR

Alternate Symbol(s):  NHAWF

North Arrow Minerals Inc. is a Canada-based exploration company. The Company is focused on the identification and evaluation of lithium and other exploration opportunities in Canada. The Company is engaged in evaluating spodumene pegmatites at its DeStaffany, LDG and Mackay Lithium Projects (NWT) and is also exploring for lithium in Nunavut at the Bathurst Inlet pegmatite field and on Baffin Island. DeStaffany project is located approximately 115 kilometers (km) east of Yellowknife and 18 km to the southwest is the Nechalacho Rare Earth Metal mine. Bathurst Inlet’s seven claim blocks are located on or within nine km of tidewater on the east side of Bathurst Inlet. It also owns interests in the Naujaat (NU), Pikoo (SK), Mel (NU) and Loki (NWT) Diamond Projects. The Naujaat Diamond Project is located approximately nine km northeast of Naujaat. It owns an interest in the Hope Bay Oro Gold Project, located approximately three km north of Agnico Eagle’s Doris Gold Mine, Nunavut.


TSXV:NAR - Post by User

Comment by explmanon Jan 19, 2022 6:21pm
93 Views
Post# 34335167

RE:RE:RE:2014 Bulk Sample compared assuming 6.1 carats/100 tons

RE:RE:RE:2014 Bulk Sample compared assuming 6.1 carats/100 tonsBecause they want to test the hypothesis that the grade is under represented in the both the NAR and BHP bulk samples. They also want to acquire additional material to see if they can "fill out" the size-frequency distribution curve to see if there is the potential for a "Lucara" outcome. And for $5.6M they get 40%. For Burgundy, a reasonable risk reward. Have a think about how much money has been spent on the project to date by BHP and NAR. As for the top industry insiders that are invested, they have been invested since NAR bought this off of BHP. WIthout Burgundy, NAR would be dead in the water, and with it the "top industry insiders", by which you mean Eira, Gren and John. These guys are not infallible. Have a look at Lucara and tell me how you would feel if you had bought at 4 bucks? I am not saying that there is not a chance, and as a NAR shareholder this represnets a bit of a last chance. I take unbridge with people whose analysis is fatally flawed. Lets all make sure we have eyes wide open on this one. If you are buying shares now, do yourself a favour and by a LottoMax ticket as well. Diversify your portfolio!
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