All of a sudden, NORTH SPRINGS RESOUR (OTC:NSRS) hit a shocking gain. Yesterday, the stock soared 241.43% and its 
traded volume jumped over 97 million shares.
The reasons for the massive trade appear to be the latest news on NSRS, accompanied by promotions.
After filing its financial results, the company reported that it has completed its initial sampling and submitted for additional 42 claims. The statement that inspired traders most was that NSRS has secured an initial financing of $130,000 of $1 million draw-down line of credit note.
Yesterday, this news was followed by another one reporting that the company has signed a Letter Of Intent with DNP Mining LLP to acquire an interest in a gold property in Arizona. In addition to the positive piece of news, NSRS got promoted by a few promoters to ensure its chart position.[BANNER]
Does it mean that the stock will continue the massive trade is just about to be seen. In any case, NSRS has held the campaign by itself to secure the phenomenal gain.
North Springs Resources Corp. is focused on the evaluation, acquisition, exploration, and development of mineral resource properties. As of October 31, the company’s financials were completely discouraging and NSRS was operating under a going concern.
Presently, it is just a matter of time to see whether its new financing agreement will make things work out for North Springs.
