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@rdww that was a super sweet VTEM target from a few years back I think. didn't work out.
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@Dunite They were sucker punched into that super sweet VTEM target by North American Nickel. When due diligence was done on the site, well, what was supposed to be there was not. And of course the stock did the Sequoi plummet after that. It was sometime before the share price recovered. I know this personally. Only after Ian made a nice find up in the storm claim area that the stock recovered. Discovery Harbor teamed up with NRN. The rest is corporate history.... NRN now has a NSR from that find.
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@rdww Mmm. Ian worked Greenland before NRN. Lotsa people were impressed by the VTEM in MA andd Europe. Twas not to be.
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@Dunite No, Ian was with NRN and they had an option on the property in Greenland......
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@rdww Before nrn. When Ian was a baby geo, I think he worked in Greenland. It's attributes weren't new to him
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@newswire Northern Shield Completes Gravity Survey at Huckleberry - Drilling to Commence Shortly @newswire/northern-shield-completes-gravity-survey-at-huckleberry $NRN #news/mining
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from #newsroom,
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@Birddog seems things are about to get interesting
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@Stargate2 Gravity survey was a good idea as the litho contact structural trace will assist in outlining any potential embayment which may reside at depth to focus on for drilling......
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@enviro111 @iwantmymoneyback. Have you tried. $nrn? That's my lottery ticket. I like $Mya.
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from #mya,
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@nobshere $NRN any thoughts from the gallery here?
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from #index,
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@wolff I suspect - once bitten 2x shy in play here - had hoped for run up to 12 - 15 cents on pre drilling results and NRs . But the science didn't pay off at Sequoi so the market is saying show me some results before I buy this round. That means a bigger jump on a hit, but no anticipation risk premium. Also a big hangover over folks lucky enough to buy at 4 or 5 cents are happy to sell at 8-10 cents for a double up. I think the odds are better for them to be successful this round and remain long, waiting for a payday and a 40 foot cat sail vac in the Virgin Islands, or perhaps the Whitsundays off Australia
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@rdww AGM notice out. 205MM shrs out. Ian salary was up $60K+ from 2015 to $210K. CFO was down 50% (50K less in cash compared to 2015).options are at 16 cents YEAH. 2 directors hold stock for 8.6MM shrs combined. Mtg June28 in Ottawa. Not sure what # of shrs, Teck, Hudbay or S32 hold, since none of them hit the 10% threshold.
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@Stargate2 Ian's salary is $210,000 ?
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@Dunite @wolff, I am holding out for that cat sail Vacation in the Virgin Islands....
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@Dunite @Stargate2, that one is news to me also. I have last years AGM notice as I just got this years yesterday and have not opened it. Ian salary was not that high last year. He has given himself a hefty pay raise. I hope he makes a big drill hit and earns it.....
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@rdww 2014.$175K. 2015.$140K. 2016. $210K +options, back vac pay, etc.
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@StarFire 200,000 clams is a lot for any man's chowder...but if you read the board packages they mail to you, you'll quickly see that a lot of CEO's out there are taking in $400 to even $500,000 a year, I think he's on the lower end of the spectrum
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@Ridethebull He's a CEO of an active exploration company. Many of my employees make as much or more than him (salary wise). If he is able to find an amazing discovery, both he and the investing community will be rewarded greatly. I'm rooting for his team!
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@CautiousNow @Ridethebull Agree....Basically, a senior middle management salary at one of the larger oil and gas companies, albeit it with much greater equity upside here if successful. For context, 2009-2011 was about $135K and 2012-2013 was about $175K. This doesn't seem excessive when you look at the boots on the ground aspect and the amount of time away from family inherent in his role. If this were to go to, say, 50 cents, there are a number of us here who'd make more in capital gains from it this year than his salary.
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@wolff If he hits big perhaps Dunite and myself will invite him and Christine to our celebratory sail in the Virgin Islands - might have to go for a 50 footer though. Salary is reasonable for someone with his experience and responsibilities
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@RocketRed $nrn was a bust
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from #adz,
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@wolff @RocketRed not yet - Nrn made a big miss-take chasing Sequoi last year. But SE2, Huck were more prospective and we have the new 200 plus claims with no field exploration followup. Call it a bust if South32 backs out of funding 2018
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@Stargate2 Drilling holes into Sequoi was not at all unreasonable given that until tested you never know for sure what the cause of the anomaly is.......That being said, the VTEM signatures were of a nature which we had been familiar with on past programs, and the results which came back from the testing of such anomalies, confirmed out pre-drill interpretations...
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@Stargate2 With Stargate2, we could whittle down the entire project base to only one hole in each and so far, all are open ended still except Sequoi.....We sit on the sidelines now and watch
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@Dunite @Stargate2, I have a question I have been meaning to ask you when Not arguing with you. How is the tech you supposedly have at your disposal different from the tech that Robert Friedland and HPX uses???
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@Stargate2 @Dunite.....They are about as different as the Flintstones and George Jetson.......No exaggeration.....HPX utilises and supercharged ground I.P. array while Statgate2 is an airborne platform
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@wolff Need some news, perhaps some new boulders with Ni-Cu-PGE
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@RH What is the average time period between the news release of drilling that starts and drilling results? Or is this depending on what they find?
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@StarFire ..just thinking out loud watching BNN re-run... Allan Barry is not Barry @allan? ...but Barry says the $ELD $ICG might be at risk due to ELD problems....maybe they'll ask for a higher bid ...doesn't matter, I sold out at $1.13 and bought $PNN with my winnings..which I hope will be the $NRN of the oil wells...
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from #index,
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@CautiousNow @wolff I'd settle for updating the Corporate Presentation and the web page to show retail that you still believe you have a story that warrants sharing. Getting attention from an audience with short attention spans when there are many alternatives seeking attention is a given in this business. I get and respect the not promotional thing, but there is a point at which it is a negative to the ability to retain and grow shareholder value.
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@wolff True enough, they should communicate more -- especially on what they saw in the Sequoi core that caused them to stake the new 88 claims previously announced, plus more info on the 200 plus claims staked since then. I am assuming South32 has approved the Huckleberry targets and beyond good immediate results, having them indicate their willingness to stay on to fund 2018 or buy into SE2 or the new claims would be a big plus.
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@wolff Looks like no real movement till drilling results from Huck or some outstanding till samples, so big win or back to 4 or 5 cents. Good luck all
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@RH @wolff, and what time frame are we talking till some results? (I also invested some money so hoping for some good results :) )
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@rdww Well the drill ain't turning and it takes over a month for drill results from the lab typically. A guess is august we wake up?
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@wolff Had to buy some more at 6 cents today
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@CautiousNow Ouch...Wasn't expecting that going into a summer work program. An updated corporate presentation would be pretty timely about now to offer some perspective on the upcoming programs.
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@RH @CautiousNow, yes I think they should pay more attention about communication and updates for possible investers and share holders. The volumes of the last two trading days were also quite high...
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@Dunite This is all a knee jerk reaction to the general downward slide of the WHOLE resource sector. Some stocks are already back to January, 2016 lows. There are only five people in the NRN office. When it is time to go to the field-they all load up, even the company dog. Ian has always had this one flaw in his corporate personality-slow about informing the public. Having a small company does sometime impede news release. Because they are out trying to generate the news and their attention is focused on such......
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@wolff @Dunite did you hit 2m in shares yet? Connected with Christine on Linkedin for an update and awaiting response. Surprised we are not trading in the 8 to 10 cent range, but em science doesn't have as many buyers round 2. South32 presumably liked what they saw - similarity to their Aussi deposit. I picked up a few more on stink bids
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@Dunite @wolff, 1,930,000 shares hope to get there soon. The whole resource market is very sickly at the moment....
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@CautiousNow @dunite Agree. Very crazy out there these days. Wish I had a lot of cash under the bed, although fully loaded on this one...
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anonymous Expecting drilling to start next WEEK !!!! Hope all are rewarded this time.
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@StarFire Good anon
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@StarFire we could all use an extra few hundred thousands to a few millions anytime soon, Good luck to all longs and myself
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anonymous Drilling will commence at Huckleberry later this month and will consist of 4-6 drill-holes totalling approximately 2000 meters.
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anonymous Hope they hit this time... and people can make some money... I am starting to buy now...
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anonymous 6s being chewed ... one they are off the list we go to 7.5 cents
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anonymous GOING good so far... hope to go up until 7 cents today....
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anonymous 6 done now chewing 6.5 cents people will accumulate before drills starts turning and this time they will be more qualified ti hit big
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@Dunite anon, how about giving us a real name?
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