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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

Comment by rlequiganon Aug 16, 2015 6:04am
117 Views
Post# 24022313

RE:RE:RE:When you're investing you were essentially buying a business

RE:RE:RE:When you're investing you were essentially buying a businessX box, when revenue is declining which is not only issues that I mentioned. I always check the reason behind it. In nevsun case, lowr copper production, they are still profitable cuz they manage to lower the cost but for how long.? The decline in cppr production is faster than copper price increase if ever will increase. What does it mean for company's revenue in the future? Stock price will go down the pipe. 2016 projected zinc production. I really don't believe that zinc price 1-2 yrs from now will recover. I also think that next yr court case will be terrible for nevsun stock price. Dividend? Not enough to take the risk... There are lots of better dividend company w/o so much risk. I hope your are not red right now otherwise you will be waiting for the dinasaur to come back b4 it turn to green. Nevsun waiting for cheap acquisition? I hope you tell them soon b4 the world ends.
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