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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 29, 2022 12:58pm
65 Views
Post# 34995239

RE:RE:No Response from Company

RE:RE:No Response from Company Yep, that could work.  I see that insiders hold only 14 percent of shares, and there are no institutional holders, nor are there any significantly large holders outside of that 14 percent.  It means that shareholders have more power to effect change in this situation than in other shareholder revolts. 

But you can't just vote them out!  You must have a slate of replacement personnel to offer in the voting.  It's not impossible, though; just doubtful that you can do it in time for the next election.  However, you could begin now to prepare for next year's election.

Good luck.

VP in AZ




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