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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 tony1969on Oct 06, 2016 6:10pm
195 Views
Post# 25319974

RE:Sell Bisha?

RE:Sell Bisha?
No need to reread.  I realize what they have in Eritrea and its great potential but the market (publicly traded market) will never value it acordingly because of the geographical and political risk.  These guys can drill 500 meters of 15% zinc and 15 g/t gold in Eritrea and I bet the stock would barely budge. My point is that they will NEVER be valued at what the stock deserves as long as they are there.  All I say is monetize it and concentrate on proving up Timok.  They would probably end up with more cash than the current market cap of the whole company.  No need to rush a sale but I think it is something that should be considered.  They almost sold the whole company for $1 billion or so back in late 2014 so it is possible now that they have Timok to develope.  Regardless this company has many options and is getting cheaper by the day. I am not a pump and dump investor.  I am willing to wait for Timok to play out and see what happens but having been involved with SGC (Eritrea) for 2 to 3 years and following NSU for that long leads me to believe that a sale of Bisha would be a huge positive for our valuation....
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