Northern Lights Resources Corp C.NLR

Alternate Symbol(s): NLRCF

Northern Lights Resources Corp. is an exploration and development company. The Company is engaged in advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona and Caldera Copper Project located in Lincoln County, Nevada. The Secret Pass Gold Project totals over 271 hectares (ha) comprised of one State mineral license (212 ha) and eight Bureau of Land Management mineral claims (65 ha). The Caldera project consists of over 55 BLM mineral claims with a total area of approximately 418 hectares. It also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada. The Medicine Springs Project is located on the eastern edge of the Carlin Trend in southeastern Elko County, Nevada. Medicine Springs is a district scale exploration project comprising over 599 mineral claims over a total area of approximately 4,830 ha. It also has an option agreement to acquire a 100% interest in the Horetzky Copper Project located in the Babine porphyry copper belt.

CSE:NLR - Post by User

Northern Lights Resources Corp > Don't Buy Even at 1 cent until Convertible Note is Addressed

<< Previous

Bullboard Posts

Next >>

Comment by ValueProon Jul 12, 2022 4:06pm

74 Views

Post# 34819011

RE:RE:Don't Buy Even at 1 cent until Convertible Note is Addressed

Exactly right!

Predatory lending, sadly, is a fact of life in the world of exploration-phase mining companies. While it is not usually a health sign, neither is it a sign of near-term death. It's one of those "It depends" arguments. Each situation has to be weighed against a set of pros and cons. In this case, I'm it.

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload