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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

Comment by Totalmetalheadon Dec 31, 2018 9:59am
60 Views
Post# 29171357

RE:RE:RE:RE:RE:Reverse split, 10 for one and a flow through issue

RE:RE:RE:RE:RE:Reverse split, 10 for one and a flow through issue
Woodporter wrote: "The current price discourages the involvement of the trader, since the spread minimum of half cent is huge relative to the current price. That makes for an added hurdle for trade profit".  So you agree with my point.

By consolidation they have taken away the reason for people to buy this stock. Stupid illogical thinking on the part of whoever came with this strategy. Dumb de dumb dumb dum. Geologist need to stick to whay they know best. Running a mining exploration company for the benefit of shareholders is not one of them.


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