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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 HappyInvestingon Jan 07, 2016 11:42am
117 Views
Post# 24436739

RE:RE:RE:Watching, not buying

RE:RE:RE:Watching, not buyingWell ...what?

You should really read their financials before making comments implying they are not making a profit.  Nevsun had cash costs of $1.24 YTD, and $1.56 for the last quarter (only because their production profile on copper is winding down, as they near the end of the supergene ore).  That's plenty of profit.  Plus they pay a DIVIDEND of $.16 annually - which is about 6%.  They will be commissioning the zinc circuits H1-2016, after which they will also be los-cost producers of zinc concentrate - based on their high zinc grade ore.   

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