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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 stazon Aug 26, 2016 12:56am
196 Views
Post# 25179019

Generrally speaking

Generrally speaking
the trading volume has increased essentially since the end of April. Before that an average daily volume was 150-250K. Now it is around ~500K. Today was a little bit higher with ~750K. More liquidity-more exposure and interest. Volume is an indicator. Around September 08 we are supposed to get a NR about dividends for this Q. My guess is the dividend stays for this Q but may possibly be adjusted to the new share count. Something like US $0.025-0.027 /sh. If it stays (I'm almost sure it will since the management promised to keep it just recently) the question is what size. That can give the sp a boost a little bit. Especially, if it stays at the old level of $0.04. Well, will see.
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