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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. 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. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Post by Lallion Jul 13, 2015 8:34pm
70 Views
Post# 23920045

incube8 How are you my friend

incube8 How are you my friend I do speak to the management time to time,  some of there largest shareholder are opposed to the idea of an acquisition. Nevsun is looking for an acquisition but they're looking for return on investment on that acquisition so it has to make sense  to them economically speaking.  I do understand that the country risk is a factor and if they were to make an acquisition some of the country risk would be lifted,  as you already know the mining business is a money sink business nine out of 10 mining companies Are not profitable and it's very hard to find  resources that are economical. I know that your long-term shareholder I appreciate you being on this board.  Sincerely Lalli
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