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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 lumpy13on Jul 28, 2018 6:08pm
127 Views
Post# 28381689

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I remain bullish

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I remain bullishFirst, I appreciate the recent postings, and their tone: Rational and informative without being insulting. Nice to hear others' well thought out views. My 2 cents on some of the previous discussion topics. Altho LUN has bungled the NSU offer, I thought their exit from DRC was very smart. Tenke is among the world's best mining deposits, but it is such a tough, high risk country to operate in. Why not get that money out and go after NSU? A nice return is possible without the political risk/corruption. A cash/share deal makes total sense. Still surprised that they think they can get the company on the cheap, when 20% more would likely lock up NSU and assure LUN's future (as I think 20% more lock in institutional support). Very pennywise/pound foolish, But, in this case, very swedish wise/swedish foolish. I am in IVN (and actually bought a little more recently) but will only maintain a relatively small position until the new Mining Code is cleaned up. But, that could be years. Corruption is still endemic and will take a long time to change people's attitude, given the decades of it being prevalent during the Mobuto dictatorship. (A great book to get a grasp of institutionalized corruption is "In the Foot Steps of Mr. Kurtz: Living the Brink of Disaster in Mobuto's Congo.") Recent mining investments, which I think have a nice risk/return profile: 1. NCU: late 2019 CU producer in Nevada. Low risk, reasonable return. 2. KBLT: A unique cobalt player. Holds US$270 in physical cobalt stock, has some royalties and is growing as a cobalt streamer. Big leverage on cobalt price. 3. ML: Lithium play. Company has attractive potential project in Argentina. With recent lithium//stock price decline, it offers a nice buy-in price. 4. CCC: Vanadium play (and as with lithium and cobalt, future demand should be dramatic). Altho 3-4X since early 2018, market cap is still less than $30m. Reading site postings, very infomrative. Appreciate any views on these companies as well as other interesting prospects as I hope to soon have significant liquidity for re-investment.
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