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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 beastlyon Sep 09, 2016 12:47am
218 Views
Post# 25220726

RE:RE:That's a good news.

RE:RE:That's a good news.
I like this from the news release: Cliff Davis, Nevsun CEO commented, We are pleased to have a high quality zinc product coming to market in an environment of rising zinc prices. Bisha is the only significant new zinc concentrate coming to market in 2016 and we are being aggressively courted for offtake by various customers. We would like to congratulate our partner, the State of Eritrea, for adding another export product to the economy and thank them for their support. Zinc production coming online should help us here... even though NSU is universally hated by the market it seems. It'll certainly be pummelled if the dividend is cut but I'd recommend picking up a few more if that happens. We'll see. IMO, these guys haven't had any missteps since that shocking resource revision a few years back. Even so it weathered the bear better than most. It's time for NSU to ketchup. I relish the thought.
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