Stocks to Buy Today - Stock Message Board, Discussion Forum, Blog
NSRS - North Springs Resources (NSRS.OB)
North Springs Resources (NSRS.OB) stock jumped over $1.00 today and is adding to those gains this afternoon. NSRS has been labeled a scam stock over the past 3 months but all it has done is go higher. North Springs Resources (NSRS.OB) is currently trading at $1.16, Up 20%.
North Springs Resources Releases New Footage from Goldstar Property Exploration Program Showing Rig Operation, Core Sample Preparation, and Project Related Interview
North Springs Resources Corp. (OTC.BB: NSRS.OB)(NSRS.OB) (the "Company" or "North Springs") is pleased to announce the release of the third in a series of four anticipated videos detailing exploration and drilling at the Company's 20% owned Goldstar/One Arm Joe Gold Project (the "Goldstar Property" or "Goldstar") in Arizona. The new video can be viewed at the Company's website at www.northspringsresources.com.
The original 10-minute video contains new footage of the current exploration program including extended views of drilling rig operation, the pulling of diamond core drill samples, and initial sample preparation for independent third-party testing. The video also contains an interview conducted at the Goldstar site discussing the measurements of gold bearing quartz veins at surface, interpretation of local geology, and the potential for the quartz veins to continue at depths well below previously expected levels.
"The Goldstar Property exploration program has been going strong for several days now and this video clearly shows some of the significant progress that we have made onsite," stated Harry Lappa, President of North Springs Resources. "The detailed description and interpretation goes a long way to justify our increasing excitement over the potential of the Goldstar Property. Most notable were positive comments made during the interview that at least one local producing gold mine encountered this type of gold bearing quartz veins down to the 6000 foot level - triple the maximum depth used to figure the previous and updated Goldstar Property potential."
North Springs and its partners are currently conducting a 21-hole drill program at Goldstar, focusing on seven (7) high-priority target areas. North Springs earned its 20% interest in the Goldstar Property by already supplying funding of $500,000 towards the current exploration and development program. The Company also has the right to acquire an additional 15% interest in the Goldstar Property by supplying $3,000,000 in funding for further exploration and development.
Further updates regarding the Goldstar/One Arm Joe Gold Project will be disseminated as additional information becomes available.
About North Springs Resources Corp.
North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. The Company is led by a skilled and experienced management team and independent consulting geologists with many years of experience. North Springs is committed to creating value for its shareholders by advancing its current holdings and by acquiring new properties with significant potential.
Tags: 2012, buy, forum, north, nsrs, nsrs.ob, resources, springs, stock
Views: 769
Replies to This Discussion
-
Permalink Reply by Stocks To Buy on -
North Springs Resources (NSRS.OB) closed at $1.15 on Friday and should very hot next week. It looks like pullbacks to $0.70 are a good buy if you are willing to risk it with this penny stock.
-
Permalink Reply by Stocks To Buy on
-
NSRS hit $1.72, and then dropped to $0.30 last week. This stock is surely a pump and dump scam. Stocks just don't make these kind of moves without being a scam.
-
Top MemberPermalink Reply by kevin w on -
dead on as usual Tim. Hope you had a great time off. Past week was green, expect coming week to be even better
-
Permalink Reply by Stocks To Buy on
-
Here we go again, North Springs Resources (NSRS.OB) rising over 30% today
-
Top MemberPermalink Reply by Mike Hulk on -
North Springs Resources Corp. (OTC: NSRS), a mining company based in Las Vegas, Nevada, on Wednesday, announced that it commenced talks to acquire an interest in an option on multiple gold producing properties and related mill operation in Chihuahua, Mexico.
The state of Chihuahua in Mexico is well known for its gold, silver, copper, mercury, lead and coal production. The prolific Sierra Madre Occidental (SMO) mountain range stretches from north to south through the western portion of the state. The gold and silver mines located in the region are among the richest in Mexico. The mining districts in the region include Batopilas, Chihuahuilla, Cosihuiriachic, Jesus Maria, Parral, and Santa Eulalia.In 2010, Chihuahua accounted for 23% of total gold production in Mexico, making it the second leading gold producing state in the country. Some of the top producing mines in Mexico are located in the state, including the Ocampo Mine and the El Sauzal Mine.NSRS is currently negotiating the terms of the Letter of Intent. Harry Lappa, President of North Springs Resources, said that NSRS’ goal has always been to quickly become a gold producer either through exploration and development or by acquisition. Lappa said that it very exciting to have the opportunity to acquire an interest in several producing gold properties and a local mill, all in one transaction. Lappa added that NSRS intends to provide more news and details about the important acquisition in the next few days.North Springs is also making steady progress on its other mining properties. On Wednesday, the company announced that an expanded sampling program has started at its Imperial Gold Silver Property in Nevada.NSRS said that the additional data to be derived from the expanded program will be combined with the recent and historic exploration results to prepare a detailed 3D model of gold and silver bearing vein structures known to exist throughout the property.
-
Permalink Reply by Stocks To Buy on
-
NSRS turned out to be a pump and dump scam, down to $0.18 now, these stocks may be fun to trade but don't hold for very long
Like Us on Facebook
Stock Alerts
- Subscribe Via RSS Feed or - Subscribe to Stocks To Buy by Email
Research
Buy Oil Stocks 2012/2013
What Stocks to Buy? Oil prices continue to rise and oil stocks are a good buy for the long term. For oil stock ideas, check out the latest hot shale plays in the US.
Utica Shale
Bakken Shale
Eagle Ford Shale
My Stock Picks for 2012
Upcoming IPO's 2012
Emerging Oil & Gas Fields
© 2012 Created by Stocks To Buy.
