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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 continuity1on Jun 22, 2016 1:36pm
230 Views
Post# 24987952

Nevsun/Timok

Nevsun/TimokMultiple reports indicate that Timok is a rare find, the weak link in the Nevsun success story is the reliance on cash flow from Bisha to fund this to the point of DSO production. Bisha had great timing on phase 1 and phase 2, gold and copper, phase 3 may be more of a metallurical challenge, read "bulk conc". I doubt that Nevsun has deep enough pockets or the will to stay in the game if their one revenue stream is severely curtailed. 

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