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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 Oct 04, 2016 7:15am
146 Views
Post# 25305652

RE:RE:RE:RE:RE:RE:RE:RE:$3.00

RE:RE:RE:RE:RE:RE:RE:RE:$3.0089,  you are correct.  the reality is mining has been a tough place to be for the last decade.  nsu is a value trap like many others now but is very undervalued. the market is not interested despite the incredible job nsu has done in the last 10 years. you can listen to the village crier complain about the scams and manipulation of the shares and the exchange, but it just doesn't exist as I have discussed in past posts and will not rehash.  my advice to all is slap a comparative chart of nsu vs lun or the tsx , or the mining index and you will see nsu is not the massive laggard some claim. in 10 years nsu is a little more than double which isn't great but it has outperformed the tsx and most mining issues.  lun is almost where it was 10 years ago!    

I think nsu is the best managed mid miner with a great pipeline of projects. Saying that, you need to understand the market stinks regardless and if you aren't happy in a value trap waiting, you're in the wrong place. 

btw, all the miners have had good trading opportunities over the last 9 years.  you need to be a more active trader in cyclical stocks.  I am not talking about short term trading but 200 to 300 percent moves in 2 year periods for resource issues  can't be ignored. that's just bad investing.  we are not a utility where one buys and forgets 
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