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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 StewartCatsoon Aug 11, 2017 3:08pm
181 Views
Post# 26572370

RE:Stink bid coming

RE:Stink bid comingIf there is a bid coming, it would most likely happen before the revised PEA, because the value of the company will likely receive the 50% of "Revised NPV/NAV" Timok will be worth with measured and indicated resources instead of the original inferred 30% of 1.6 Billion from the original PEA (or 50% of $986M (US$) and 84% IRR at then current mineral prices of 1250 oz Au and 2.20 lb Cu).
Read more at https://www.stockhouse.com/companies/bullboard/t.nsu/nevsun-resources-ltd?postid=26572092#iwm0RTlvyXISf2q5.99 )

At any rate, if a potential buyer waits for Q3 results and they are better...then Bisha Value goes up.

If we hit more UZ mineralization, then there will be a premium tacked on.

If they wait for 2018 Q1 PFS, then they will be paying up to 80% of NAV with a significant premium tacked on.

Your choice.
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