Northern Superior Resources Inc V.SUP

Alternate Symbol(s): NSUPF

Metals & Mining Gold

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

Northern Superior Resources Inc > Christmas came early thanks to Goldbug1965

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Comment by goldbug1965on Dec 25, 2020 4:14pm

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Post# 32182935

RE:Christmas came early thanks to Goldbug1965

Please explain the rationale behind current SUP valuation ?
It's easy : it doesn't make any sense !!!

Congrats if you made a profit but don't expect it to last...
What is the upside from here ?

Yes, I still think it's worth around $0.25-$0.40 based on current assets and unimpressive results on Lac-Surprise (for anybody who can read between the lines...)

Keep pumping Grim and good luck (you'll need it).

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