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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 SGCGRIMREAPERon Feb 10, 2017 5:24pm
181 Views
Post# 25831229

RE:RE:RE:Hopefully last time to have to say it

RE:RE:RE:Hopefully last time to have to say itDear Spacedoc

You're apparently misinterperting Tony, Cash and myself. As I and they said for months, "until" the Bisha issue is behind us, the share price will lag. That's absolutely been the case without question and is enhanced when you take into account how much copper and zinc has risen.

We already knew they were making some progress on the metallurgy, but again, until the market was made aware it was no longer negatively impacting things, it was a negative. The share price performance has proven that (and us) correct.

I suggest those who waved pom poms everytime the metals rose or NSU did were the ones whose rationally was flawed - not us. Our comments the last several months were proven to be the most rationale.

NSU created more negative thoughts than needed to be by not updating sooner, but I know why that is. They believe they're a pure instutionally driven stock and give little more than lip service to retail investors. The fact that a couple of institutions own over 50% combined, has made NSU feel they only owe those folks their full attention. That would be a big plus if things were firing on all cylinders, but the oppositie has occurred during this period of concern.

If the news is above average, NSU shares will be bid up nicely as investors see its still rather cheap. If the news is just so-so and neither Timok zone shows new great extensions, we're in just a market performer for at least the rest of the year.
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