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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 cashtango00on Jul 15, 2016 1:58pm
213 Views
Post# 25056719

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:13.5% copper grading with after-tax IRR of 106% for Timok

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:13.5% copper grading with after-tax IRR of 106% for TimokCube,

I don't have proof there are no wash trades through the largest shareholders/ institutions because i don't have the trade blotters.  Saying that, wash trading only accomplishes 2 things as far as manipulation.  Increase broker commissions and increase volume.  Neither would be of benefit to the equity holder of those positions, so there is no end game to the manipulation.  There is no benefit....Further,  even if you had no faith in the Canadian securities regulators ( which if that was the case I have no idea why you buy on their exchanges) Market trading is overseen by the holders of the equities ( the hedge or mutual funds compliance ) , as well as the securities regulators, and I assure you, no compliance dept. is watching the the fund manager trade the same shares back and forth between their inventory account or another related account.  The theory doesn't even nmake sense.

I don't find it concerning the stock is lagging other base metals as there is a bigger force still playing out on NSU.  As several have mentioned here, holders are exiting and entering based on the recent acquistion and that is the primary driver for the next short while.  That will change after all parties that  need to change seats are done....
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