Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Aug 15, 2015 7:57am
97 Views
Post# 24021194

When you're investing you were essentially buying a business

When you're investing you were essentially buying a business Since 2011 this company has been profitable they have a strong warchest of cash they continue to build the cash position,which means they operate A profitable business.  The current market is not rational It doesn't mean that you also become nonrational . It's easy to blame the company,  but remember they can turn a profit at $2.30 copper prices, now how many other companies are profitable at these prices. this market has affected all commodity prices  not just copper alone,  this is more related to the US dollar.  If you go back and look at the US dollar between 2006 notice the interest rates which   Were  fed funds rate ,it was at 5 1/4%  take a look at where the USDX was . Now take a look at where the USDX is.  Also look at where the fed funds interest rate currently is at.  It's at a quarter percent . There is something really wrong with this picture especially related to the dollar  strength. 
<< Previous
Bullboard Posts
Next >>