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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

Comment by ValueProon Sep 22, 2022 11:23am
32 Views
Post# 34979066

RE:RE:RE:RE:RE:RE:RE:RE:RE:The note holder looking to dump more........

RE:RE:RE:RE:RE:RE:RE:RE:RE:The note holder looking to dump more........
"Might by why nobody is scooping up "cheap" shares right now."

The whole mining sector is in the tank, the worst hit of all being the exploration-phase miners.  NL is not alone in this, and to my observations, stock trading volumes have never been so low for this time of year.  It is a seasonal thing in mining if you didn't know.  By now, we should be out of the "summer doldrums," but they continue along with lower metals prices. 

"Maybe all this can be explained away as simply amateurish behavior by lightweights."

What lightweights?  Who are you talking about - buyers, sellers, message board posters, executive officers of NL?

"Upside is Reyna is carrying a heavy load which may be a blessing here." 

Agreed, it helps.  But NL can't sit back on hopes that drilling at Medicine Springs will bring discovery there, relieving them of all concerns.  

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