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Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp is an exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where the company is in joint venture with Reyna Silver Corp.


CSE:NLR - Post by User

Post by realtyon Jun 26, 2022 12:04pm
150 Views
Post# 34783069

$1,000,000

$1,000,000A thought.....  If I am NLR, I think I go into hibernation for 3-6 months while Reyna drills the property.  This will allow the silver price to probably come back; If the drill results are good Reyna will buy 5% more ownership for a million bucks.  If the share price goes up significantly at any time, then I would seek a raise.  Very few companies are seeking raises in the middle of this economic crises globally.  The terms are not extremely favorable because capital is not readily available.  Realty
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