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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 spacegimpon Mar 20, 2017 11:01pm
178 Views
Post# 26005691

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lundin will acquire NSU and spin-out Bisha

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lundin will acquire NSU and spin-out BishaThe cashflow from bisha is extremely important in this environment of banks tightening up lending on all commodity producers , it is a lifeline of cash that keeps this company from being another desperate  outfit beholden to a credit facility .  Just let the market keep being foolish nervous nellies and giving bisha very low value , it is a cashflow gem that will fund the construction of the timok upper zone which then throws off cash itself . Both of those combined will fund along with partner at timok the lower zone and that is the point in time when Nevsun starts being valued correctly . Perhaps during the timok upper zone decline ramp phase Nevsun could issue bonds in a healthy market  but they wont be desperate to do this because of bisha - and not being desperate is the name of the game in getting favorable rates .
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