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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 realtyon Nov 04, 2024 3:35pm
62 Views
Post# 36295869

RE:Still holding.

RE:Still holding.Best check the Sedar Records.  I dont think they own those Reyna Silver shares anymore.  They had to give them to the Creditor or go bankrupt.  They still owe the creditor money.  Also, they will have to do a share raising by the end of the year to pay for the $25,000 they owe on the new land package deal.  So, do your own due diligence.  I sold my share of 1% of the company over the last month, but I could be wrong and this stock could go to 20 cents.  The geologists are great at this company and they find great properties.  Their ability to obtain financing is some of the worst I have ever seen though.  I believe that they still own the smelter rights to the Reyna Silver property, but then again Reyna seems to have given up on that property and has moved on to new properties with drilling.  I was going to hold my 1% of the company, but at the end of the day decided it was best to move on.  I wish all of you the best of luck with this company.
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