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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 WalkingDead01on Jan 22, 2023 9:39am
127 Views
Post# 35238359

RE:RE:RE:RE:RE:RE:GREAT NEWS!

RE:RE:RE:RE:RE:RE:GREAT NEWS!

Yes let's see the rest, currently 41.9 M shares.  Some post on CEO mentioned having information from the executives that they wanted between 41 and 44 M shares and that Mirabel could wait for the continuation of the debt.  Is this credible information?  I don't know, but I'm watching him closely.  An announcement soon that would confirm this assertion would make NLR really interesting.


realty wrote: Company issued 4.1 million shares to settle $36,000 of debt on January 13th and 3.6 million shares to settle $32,000 debt on Jan 5.  At this pace in seven weeks we will have 71 million shares outstanding when they finally pay off the debit.  After that the share price should rise to somewhere between .14 to .28 cents US dollars with the company having a market cap of 10-20 million, which is very comparable to other companies with their assets.  Realty

 

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