Northern Superior Resources Inc V.SUP

Alternate Symbol(s): NSUPF

Metals & Mining Gold

Northern Superior Resources Inc. is a Canada-based gold exploration company focused on the Chibougamau Camp in Quebec, Canada. The Company has consolidated the land package in the region, with total land holdings exceeding 62,000 hectares (ha). The main properties include Philibert, Lac Surprise, Chevrier and Croteau. It also owns 72% of ONGold Resources Ltd., which is advancing exploration assets in Northern Ontario, including the district scale TPK Project. The Philibert Project is located 9 kilometers (km) from IAMGOLD Corporation’s Nelligan Gold project. It holds a majority stake of 75% in the Philibert Project, with the remaining 25% owned by Mines Royales and Soquem Inc., and retains an option to acquire the full 100% ownership of the project. Chevrier hosts an inferred mineral resource of 652,000 ounces Au and an indicated mineral resource of 260,000 ounces Au. Croteau hosts an inferred mineral resource of 640,000 ounces Au. Lac Surprise hosts the Falcon Zone Discovery.

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Northern Superior Resources Inc

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Post by SPACEDOCon Apr 09, 2024 5:29pm

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Post# 35980034

PG comments on SUP

Northern Superior Resources (NSUPF, SUP) – The company has seen very little marketing/promotion as a major spinoff moves close to getting off the ground. I believe the beginning of trading of the spinoff will crank up the marketing of it, and it’s Mama. There are multiple reasons for a major to come after the company, and none have more reason to than IAMGOLD. While the company is already my second-largest holding, the breakout from an almost two-year basing, may or may not afford one last buying opportunity between $.40 -$.45U.S. for me to add to my position.