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Northern Superior Resources Inc V.SUP

Alternate Symbol(s):  NSUPF

Northern Superior Resources Inc. is a Canada-based gold exploration company focused on the Chibougamau Camp in Quebec, Canada. The Company has consolidated the land package in the region, with total land holdings exceeding 62,000 hectares (ha). The main properties include Philibert, Lac Surprise, Chevrier and Croteau. It also owns 72% of ONGold Resources Ltd., which is advancing exploration assets in Northern Ontario, including the district scale TPK Project. The Philibert Project is located 9 kilometers (km) from IAMGOLD Corporation’s Nelligan Gold project. It holds a majority stake of 75% in the Philibert Project, with the remaining 25% owned by Mines Royales and Soquem Inc., and retains an option to acquire the full 100% ownership of the project. Chevrier hosts an inferred mineral resource of 652,000 ounces Au and an indicated mineral resource of 260,000 ounces Au. Croteau hosts an inferred mineral resource of 640,000 ounces Au. Lac Surprise hosts the Falcon Zone Discovery.


TSXV:SUP - Post by User

Post by massivemeltdownon Jul 28, 2010 9:10pm
350 Views
Post# 17305317

bids...

bids...coming out of the woodwork here.  Looks like something may be brewing.  Strictly speculation but with all that has been false starts the share structure has not ballooned the way I would have thought with around 100 million shares and 3 million in the bank, net....We have a chance.  If the cores ever see the light of day and we see some assays with gold, a move to 0.25 should be easy but I think the real payday may be a buyout.  I'd take 1/10 of a RR share for my SUP....but I suspect I may be getting as irrational as the pumpers on the other boards I am reading.  glta.
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