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Cougar Minerals Corp. is an exploration company engaged in the acquisition and exploration of natural resource properties in Alberta, Saskatchewan and Manitoba.

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Message: Northern Abitibi TSX-V symbol NAI

Northern Abitibi TSX-V symbol NAI

posted on Mar 23, 2010 10:26AM

You might want to take a look at this junior miner and their "Viking" gold prospect in Newfoundland. By way of disclosure I bought a small position in this stock in Jan.,'10,after doing some DD and 'am hoping this stock jumps this summer. A couple things I found compelling about it:

1) low share price @ $.17, and relatively low float. I think I bought it at $.14 or .15

2) They had some very good non-compliant N43-101 drill results last summer

3) They have recently announced their plans for the 2010 spring/summer exploration season at Viking, and the plan is to do enough drilling to be able to produce the project's first N-43-101 assessment by late summer, or early fall 2010

4) NAI now owns 100 % of Viking after having earned in that % from Altius by exploration over the past two years. Altius will retain a slight NSR if Viking becomes a mine

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