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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
Post by liquorcon Dec 11, 2012 8:07pm
167 Views
Post# 20716248

Potential buyout

Potential buyout

With a $10mm market cap and the possibility of a 2-4mm oz find, 35% to NSGC, say 1mm ozs wouldn't it be prudent for Pilot to scoop them up? Any commnets are appreciated. Come March next year the work committment will be complete for 51% and the five year buy in of 14% occurs for another 3mm. Seems like a takeover, 10mm shrs at 20c would not be out of the question. This would only be a 12% dilution to PLG.

Bullboard Posts