With a financing that saw signficant insider particpation, barely any discount, and no warrant now closed, the company is now well positioned to partake on either side of M & A in a great mining area of the world, Quebec.
Nearly 20,000 metres of drilling results is in front of them, followed by a resource calculation at Philibert. It’s very important to recognize that Philbert is just 9km from Nelligan where, just two weeks ago, IAMGOLD went from 3.2M oz to 5.2M oz Northern Superior Resources shareholders should take comfort that they could be sitting on a gold mine near another potential gold mine!
A very strong management team, with several worthy projects, at a time when it can be argued gold stocks relative to the gold price, are extremely cheap.
