1. Limited portfolio - Northern Shield Resources Inc has a limited portfolio of exploration projects compared to its peers, which may limit its growth potential.
2. Lack of revenue - The company has not generated any revenue from its exploration activities, which may make it difficult to attract investors and fund future projects.
3. Dependence on external funding - Northern Shield Resources Inc relies heavily on external funding to finance its exploration activities, which may increase its financial risk and limit its ability to pursue new opportunities.
4. Limited market presence - The company has a relatively small market presence compared to its peers, which may limit its ability to attract new investors and partners.
5. High exploration costs - The cost of exploration activities can be high, and Northern Shield Resources Inc may struggle to compete with larger companies that have more resources to invest in exploration.
6. Limited access to capital - The company may have limited access to capital compared to its peers, which may make it difficult to fund future projects and expand its operations.
7. Limited expertise - Northern Shield Resources Inc may have limited expertise in certain areas of exploration, which may limit its ability to identify and develop new opportunities.