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Nevada Sunrise Metals Corp V.NEV

Alternate Symbol(s):  NVSGF

Nevada Sunrise Metals Corporation (Nevada Sunrise) is a junior mineral exploration company. The Company holds interests in lithium and copper exploration projects located in the State of Nevada, United States of America. Nevada Sunrise owns 100% interests in the Gemini, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, Nevada and the Pelican lithium project in Saskatchewan, Canada. The Gemini Lithium Project (Gemini) consists of 353 unpatented lode and placer claims totaling 7,060 acres and located in the Lida Valley approximately 10 kilometers east of the town of Lida, Nevada. The Company's Jackson Wash Lithium Project consists of over 49 unpatented placer claims totaling approximately 397 hectares and is located in the Lida Valley on the east side of the Montezuma Range. It has the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers southeast of Winnemucca, Nevada.


TSXV:NEV - Post by User

Bullboard Posts
Comment by archimedes0070on Mar 22, 2011 11:24pm
427 Views
Post# 18325817

RE: RE: NEV on sale! Get some! Double coming!

RE: RE: NEV on sale! Get some! Double coming!1) NEV will retain the Golden Arrow property and ANI will not continue with the terms of the option;

2) I think that poster was referring to the recent MD&A on sedar.com, which mentions that a convertible debenture is coming due.  Presumably management / BoD will come to an arrangement with the creditor.

3) NEV has sold off a lot because of disappointing drill results on the Golden Arrow property a few months back and that seems to have led to what appears to be a shake-up.  You bought at a very cheap price and once this period is behind the company you should probably do well.

4) Kinsley seems very interesting and ANI has retained the option to that property.

5) Golden Arrow still shows promise;

6) Hopefully the management / BoD issues a NR for shareholders to explain more;

I'd venture that you bought at a good price.  The Chinese character for "change" comprises two characters: danger and opportunity.   NEV appears to be changing and therein lies opportunity.
Bullboard Posts