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Bullboard - Stock Discussion Forum Northern Uranium Corp V.UNO.H

Alternate Symbol(s):  NRUNF

Northern Uranium Corp. is a Canada-based exploration stage company. The Company has not generated any revenue.

TSXV:UNO.H - Post Discussion

Northern Uranium Corp > Project has been inactive since 2015 !!
View:
Post by RawSienna on Oct 29, 2021 3:39pm

Project has been inactive since 2015 !!

That's the second sentence from the company's own website.
Not exacty attactive to investors when it's the first thing they read, you don't even have to click a link! They have 20 grand in the bank as of their last filing, how's that going to pan out on thier end of a joint venture?
Sure someone may come and buy it, and you can park your money here and wait by the phone, but it doesn't look good.
We all know grab samples look good on news releases but in the end drill samples are the only thing that matters (in mining anyway)
What kind of timeline are you looking at for a sale, legal, more core samples etc etc?
How come CVV doesn't just buy it back?
So what exactly are investors investing in at the end of the day..A phone call?
The whole stock seems like a game of musical chairs with people trading shares of nothing and when someone falls asleep he'll lose.




"While the project has been inactive since 2015, the Company’s experienced management team continues to expect high grade uranium mineralization to be found within the licenses, should we be able to find a partner that would allow us to move the project forward."
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