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Bullboard - Stock Discussion Forum Northern Superior Resources Inc V.SUP

Alternate Symbol(s):  NSUPF

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... see more

TSXV:SUP - Post Discussion

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Post by garland on Dec 07, 2020 9:31pm

re re re assays

That would define one hole .The others  holes better be thicker and richer
Comment by Gold_Bullion on Dec 09, 2020 9:38pm
Hi Garland. Sprott just donated $5million worth of SUP shares to his Sprott Foundation.  He seems to get a year end $5m tax deduction and his foundation is in for what lies ahead on the 11 remaining assays. If one were on that level, it would look pretty bad to sell a loser to your own foundation that your entire family works for just for a tax deduction. Perhaps he knows the probabilty is in ...more  
Comment by gisellekronk on Dec 10, 2020 7:10pm
gold bullion , you comment .."  it would look pretty bad to sell a loser to your own foundation" , it would also be sprott acting on inside info , it would mean he knows the assay results . i think its more a case of sprott knowing these things take years to play out so a nice tax deduction now is of value to him 
Comment by Gold_Bullion on Dec 11, 2020 12:59pm
Hi gisellekronk, Agree would take years to fully define. Also TPK. Simply trying to understand his move. It is year end but it is also right before the assays. I don’t think he has inside information but he has his own consulting geos that’ll advise him on the likihood of failure/success based on known data. This stock is going to move one way or the other when they come out with drill hole #2 ...more  
Comment by gisellekronk on Dec 11, 2020 2:37pm
hello , gold bullion , all true , but speculation . the immediate benefit is the $ 5 million tax deduction
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