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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > News follow-up
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Comment by SilverSamon Dec 21, 2022 4:38pm
98 Views
Post# 35185735

RE:RE:RE:RE:RE:RE:RE:News follow-up

RE:RE:RE:RE:RE:RE:RE:News follow-upLook at the market cap:  even at today's close of 0.02 cdn, we are looking at a market cap of 621,920.  If the price of silver takes off, as the charts are suggesting, their investment in RSLV will follow.  

Junior mining stocks can both crash and shoot for the hemisphere in lightning fashion, especially when they trade on the OTC.  I would not rule out the possibility of NLR being back at 0.20 or above by this time next year, should the money flow back into the junior mining sector in 2023.

A thousand dollar investment is a significant investment in this type of high-risk, high-reward play.  Those posting on this site who do not want the risk should not be investing in NLR.  I recently added a substantial number of shares of NLR to my position shortly before the deal with RSLV and look forward to reaping the benefits once the junior sector catches fire once again.




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