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Northern Lion Gold Corp V.NL

Alternate Symbol(s):  NLGCF

Northern Lion Gold Corp. is a Canadian mineral exploration company. The Company is focused on the acquisition and exploration of gold-bearing mineral resource properties in Canada. The Company holds a 100% interest in certain mineral claims located in Kamloops, British Columbia (the Riverside Property). The Riverside Property consists of three non-surveyed contiguous mineral claims totaling 491.60 hectares located on NTS maps centered at Latitude 50° 40’ 0 Longitude -119° 59’ 34. The Riverside Property is located 20 kilometers east of the city of Kamloops, British Columbia, and overlooks Monte Creek on the South Thompson River. Its subsidiary is Katla Exploration Ltd., which is also involved in mineral exploration.


TSXV:NL - Post by User

Bullboard Posts
Post by buff_44on Dec 07, 2005 4:35pm
286 Views
Post# 9984766

Am I missing something here?????

Am I missing something here?????If you go to Sedar you will read information which has been filed since Nov 7th. None of which has led me to believe this stock is worth less than it was a year ago. Of course this is a spec, but I view it as a rather good one still. Cash in the treasury, 100% now of main property, new and different style discoveries and a modeling program which may help in future drilling. The only thing I can come up with is this; there must be an overhang by a large player or fund who is tired of waiting and wants out. I can see this in all the small specs that are not even as advanced as nl's project is. At this time all the money is being made in the producers. This gold rush that's going on now should work its way down here. Any other ideas?
Bullboard Posts