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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 tony1969on Nov 05, 2016 9:45am
227 Views
Post# 25427582

If you are the CEO of a company that is....

If you are the CEO of a company that is....
very interested (there are several) in Timok would you wait until late next year when the deposit will surely be much bigger and valuable or would you bid well before the Sept 2017 study is released?  It is obviously more attractive to a suitors shareholders to make a bid when the stock is at $2.75 US than perhaps $3.5 or $4.00 US by next fall.  What I am trying to say is why wait if you are eyeing this when you know that the deposit will only get much more economically attractive and will likey cost much more in the future.  More drill results? The Eritrea connection and the 3 individual labor lawsuits?  Just a thought....Comments?
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