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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

Northern Lights Resources Corp > News follow-up
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Comment by ValueProon Dec 22, 2022 6:51pm
96 Views
Post# 35188308

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:News follow-up"Sooo many more whys but lets start with that."

Perhaps that's because your questions usually don't fit the situations as much as they seem fashioned for bashing as opposed to seeking answers.

However, your first two questions have a straightforward answer.  The company is broke and without funds - nada dinero.  Comprende?

When the deal with Reyna closes, they will have some money, but I would not recommend holding onto this stock for Tin Cup.   Tin Cup/Secret Pass is neither district-scale nor is it in elephant country.

For my part, I will sell my one-thousand-dollar speculation on NLR reasonably soon after the Medicine Springs results are disclosed. I will use those proceeds to add to my already substantial holdings in Reyna Silver.  Why?  Because Reyna is working on multiple district-scale projects, all in elephant country.

But my continuing recommendation for you is to sell NOW! 

Merry Christmas,

VP in AZ
 



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