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Current!!!!
Stop sign is gone.
Things heating up! One more Q! And more coming!
From the best I can tell they have spent about 50k to become current and need one more Q. Not sure how long it will take to get QB status back. Looks like June will be a exciting month. I'm sure we will see multiple updates on Kathis and Resort updates.
Noticed, it seems everything is coming together
Looks like the next Q has dropped.
Thinking the next Q drops this week.
I got a feeling we're in for a good one...
Looking forward to what is in store for this week w/ NMEX...
MD 20/20, thanks for the reply!
I can't reply in private but I just wanted to thank you nonetheless.
I never thought about dividing it up into 1/3's. It makes sense to do it that way. I'll have to give it a shot. I'm currently trying to play r/m's and see where that leads me. Longs will sort of be tough at this point only because I need funds sooner rather than later, but when I get to where I need to be, I definitely intend on some long positions.
I also think I'm going to forego keeping any free shares for now...it's just disheartening to watch them lose value.
At this point, I have 2k in CM*O, 2k in various other stocks, and plan to put my last 2k into C*PE. I figure one of them has to hit to where I can at least double my money (hopefully).
Thanks again for the advice and good luck to you on your positions! I hope you hit it BIG!!
These conditions include obtaining an independent appraisal of the Property, develop a business plan in conjunction with a Joint Venture Operating Agreement, terms for the consideration for the Property and for NMEX to become current in its filings with the Securities Exchange Commission. It was mutually agreed to strive to accomplish these conditions on or before June 15, 2018.
I think the last Q has June 15th as a expected date.
Thanks for the info
Does anyone have any info on $NMEX becoming current?
I think everyone will be holding until something comes to fruition
100k bid up lets see if anybody has shares they want to get rid of.
NMEX twitter account active today for first time in 6 months.
Something coming?
@nmexstock
Starting to see some new faces. Welcome to the board LeBron.
Looking forward to what's next for NMEX.
Liking what I've seen so far...
If they have all their docs and current filing it should take about 1 wk or less imo.
Last Q mentions June 15th for a goal to have all filings up to date. Does anybody know how long it takes to get QB status back.
I am buying with whatever I can when I have the funds...I think recent filings tells a long tale of things!!! Something is up.
Thanks Bro - NMEX looking good and slow and steady each and every day... great way to grow a portfolio on this one.
She's close, wish I got more
NMEX .08 on the ask!
Slow and steady wins the race.
Welcome to the chat Blue. We might hold our 52 week high again today. No sellers in sight.
Chart on this stock looks promising and stair stepping it up. Would be great with some PR and we go off.
We should be on the heels of becoming current. And I look forward to hearing more about funding of the oil wells and updates on the current ones.
Going higher with us becoming current.
Another 52 week high.
$NMEX is in the process of drilling new oil wells. Subsidiary Kathis Energy has 2 rounds of funding.
1) a $5,250,000 drilling fund for 8 wells in central west Texas
2) a $30,000,000 drilling fund for 25 wells in south Texas
http://northernmineralsexploration.com
https://www.kathisenergy.com
$NMEX Texas Oil - Listen to videos
Kathis Energy Fund 1
https://www.kathisenergy.com/video
Guy Ranch
https://www.kathisenergy.com/guy-ranch-webinar-replay
Riverside Prospect
https://www.kathisenergy.com/riverside-webinar-replay
NMEX is on the verge of really breaking and making a move here!!!
Have been holding shares for so long - nice to see some trading with positive movement. Will be interesting to see where this might go when company gets current with filings, etc.
It's been looking really good lately!!
Looks like solid accumulation going on with this. 1 year high let's see if it will go to the 5 year.
Yes it is. Next we'll be hearing about barrels of oil coming from this first well.
Haven't been over there in a while. Stuff is progressing fast I need to pay attention.
Yes. On the Kathis websites it mentions the 3 sites.
Was reading the PR I guess that have Kathis money to start 3 wells.
Looks like we have 1 more Q to be current.
NEWS 5/9: NMEX Files SEC Quarterly Form 10Q & Provides Update on Kathis Energy’s Drilling Program
QUITMAN, Texas, May 09, 2018 (GLOBE NEWSWIRE) -- Northern Minerals & Exploration Ltd. (Stock Symbol:NMEX) is pleased to make the following announcements:
NMEX Files Quarterly 10Q
On May 7, 2018, NMEX filed its Quarterly Report on Form 10Q with the Securities and Exchange Commission (“SEC”) for the quarter ended October 31, 2017. NMEX is now in the process of completing its quarterly filings for the quarter ending January 31,2018.
The filing of the January 31, 2018 quarterly report on Form 10Q is projected to be complete within the next couple of weeks, which will cause NMEX to be current and up to date with its SEC filings.
Kathis Energy Drilling Fund I
NMEX is pleased to announce its wholly owned subsidiary, Kathis Energy LLC (“Kathis”), has staked two wells on the Guy Ranch and one well on the Olson Leases. The first well to be drilled will be the Kathis Guy Ranch 89 # 1 to approximately 3,900 feet deep.
This drilling of the Kathis Guy Ranch 89 # 1 is in a multiple pay zone area. The following productive pay zone formations will be evaluated during the drilling of this well:
Flippen Sand @ 1,600’
Cook Sand @ 1,750’
Patio Sand @ 3,100’
Morris Sand @ 3,400’
Gardner Sand @ 3,900’
The principle objectives are the Patio, Morris and Gardner pay zones. The drilling location is on a structural nose keying off of a Patio Sand well that came in at 140 barrels per day. Due north of our location is a well completed in the Gardner zone that has produced more than 100,000 barrels of oil and to the southeast is a Morris well that produced 1.4 BCF of natural gas.
Ivan Webb, Vice President, was on the Guy Ranch lease when the wells were staked out and stated, “I was impressed with the geology and mapping of this drilling prospect and am even more impressed by being physically on its location. You cannot help but feel like you are in an oil/gas field.” Webb further reported that drilling is planned to begin during the latter part of this month.
Kathis Drilling Fund I consist of drilling 8 wells. In addition to the wells mentioned above the program has four wells in Runnels County to be drilled that are also in a multiple pay area with impressive cumulative production numbers.
Kathis has Upstream Oil & Gas Investment Opportunities for the Family Office, Registered Investment Advisor (RIA), Wealth Management Firms and Accredited Investors for Drilling Conventional wells in Proven Oil Fields.
For more information about the Kathis Drilling Program and its Team go to website www.kathisenergy.com
NMEX is an emerging resort development & oil and gas exploration and development company focused on both domestic and international projects.
For further information the Company’s website is www.nmex.us or the Company’s filings at www.otcmarkets.com.
Contact: ?Roger Autrey
Phone: 512-784-7828
Email: roger.autrey@sbcglobal.net
Forward Looking Statements: Statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers’ preferences and trends. The words “estimate,” “possible,” “seeking,” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. The information herein is subject to change without notice. Northern Minerals & Exploration Ltd. shall not be liable for technical or editorial errors or omissions contained herein.
Source: Northern Minerals & Exploration
https://www.otcmarkets.com/stock/NMEX/news/story?e&id=1077780
One down 2 to go.
Think we see some more Qs next week.
NEMX resort deal almost done.
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Northern Minerals & Exploration (“NMEX”)
Northern Minerals & Exploration (“NMEX”) is an emerging real estate development & exploration company focused on both domestic and international projects.
NMEX is currently dedicated to building cash flow from the following projects below:
Oil & Gas E&P projects in Texas (Drilling wells in proven, but overlooked oil fields)
· Drill 12 PUD locations in Permian Basin (Eastern Shelf)
· Drill 3 wells in “look-a-like” structure to a field that has produced 1,700,000 bbls from 8 wells.
· Drill 1 well in a direct offset between 2 wells with IP140 BOPD & 1.4 BCF gas
· Drill 6 wells in pre-maturely abandoned oil field with remaining oil reserves of approx. 4 – 5 million bbls
**********
Caribbean Resort Development in Mexico
NMEX has entered into a Letter of Intent (LOI) to further pursue the possible acquisition and development of approximately 33.5 hectares (82.74 acres) on the Caribbean Coast in the state of Quintana Roo. Quintana Roo, is often referred to as “The Mexican Caribbean” with a shoreline along the Caribbean that has grown in just a few decades into a major tourism destination. It includes world-class resorts built specifically for the Yanqui/Euro tropical vacation business, small communities with a more local Maya-Mexicano character, and fascinating ancient Maya archaeological sites. Nearly 10 million people visited the state of Quintana Roo last year, according to the Tourism Secretariat of Quintana Roo (SEDETUR). The Property is a part of the Riviera Maya & is located near the recently discovered Ichkabal Mayan ruins and is situated on the Caribbean coast of the Yucatan Peninsula. NMEX considers the Property to have excellent potential for resort development.
**********
Gold Exploration
The Winnemucca property consists of 208 unpatented claims which are all in good standing on approximately 4000 acres. The Winnemucca property is an excellent exploration property. A third party engineering report believes there is possible potential of over 400,000 ounces of gold and 4 Million ounces of silver.
*****
Kathis Energy LLC
NMEX Creates Kathis Energy LLC
NMEX created a 100% wholly owned subsidiary, Kathis Energy LLC, which is establishing operations in West & South Texas. The Kathis team has been assembled to identify and exploit oil & gas fields which were not fully developed, and existing wells which were plugged prematurely, leaving significant primary recoverable reserves behind. Kathis and NMEX have identified more than 30 drill locations of merit and will seek financing of $35,000,000 for a 2018 exploration campaign.
You can find a summary of the professional men that have joined Kathis. Go to www.kathisenergy.com
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