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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd., formerly Clover Leaf Capital Corp. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property, and is evaluating opportunities to increase its portfolio of properties in the region. The Company has the option to acquire a 100% undivided interest in 11 claims that form approximately 77% of the Falcon Property.


TSXV:NSU - Post by User

Comment by cashtango00on Apr 03, 2017 11:35am
202 Views
Post# 26068089

RE:News from Serbia....

RE:News from Serbia....Thorgb1,  that news has been around for quite a while. The smelter was in rough shape and needed  a lot of capital to essentially bring it out of bankruptcy. It's large facility that required lots of capital. It's proximity to the Asian markets plus as you suggest, surrounding ore bodies make it a very attractive for the Chinese. The  facilities have been mismanaged for some time and the Serbian government is cutting attractive deals to get the right people/operators in place despite some local blacklash that isn't keen on piecing out such attractive assets. Unfortunately Serbia doesn't have the money or expertise to properly develop Bor and it's surrounding fortunes. 

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