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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 SGCGRIMREAPERon Jan 13, 2017 6:18am
430 Views
Post# 25703035

Just My Opinion

Just My OpinionAs noted earlier this week, a release on Bisha was given. It also included what I last spoke about - an update on Bisha production concerns will be out in February. I can tell you to look for drill results from both Bisha and the lower zone at Timok next couple of weeks.

While a takeover is always possible, I'm planning on one "after" the PFS is released in September. Timok is in development stage and thats when the big boys watch to see how things are proceeding before acting.

I can tell you that management feels (and I fully concur) almost every Analyst is going to be forced to greatly ratchet up their values on Timok once that PFS comes out. The wild card is copper and zinc prices. 10%+ higher from here and that could greatly accelerate merger and acquistions with NSU near the top of the list.

I'm now going into lurk mode and excuse me if I ignore much of the waste of cyberspace thats posted here.

Tony and Cash - keep up the good work.

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