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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

Post by StewartCatsoon Aug 10, 2017 3:58pm
292 Views
Post# 26567859

Glass Half Full

Glass Half FullOkay,

So the slate is clean. Q2 saw...
  1. No tax and none for the rest of the year.
  2. 22.4 million of cash generated from Bisha
  3. Cash at 171 Mil...Wheremegold, this is a good thing n'est pas?
  4. Bisha no longer marginal (or sucking money), but will be generating positive cash flow.
  5. Positive lesson learned for Timok (don't rush the study) do the right Front End Loading (i.e. engineering) to maximize Upper Timok value. The original PEA saw gold recoveries at 40ish percent. This value will flow through to the shareholder.
That's all I have for know
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