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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 89angelnoteson May 09, 2017 4:33pm
147 Views
Post# 26222878

RE:RE:RE:RE:RE:RE:Great resume...ArcelorMittal CE Mining, Teck COO...

RE:RE:RE:RE:RE:RE:Great resume...ArcelorMittal CE Mining, Teck COO...We need to be fair to Scott Trebilcock and IR/PR.

Let me just remind you all that he is the business development manager who successfully helped Nevsun acquired Reservoir Minerals.   Lets also not forget that there were apparently quite a number of bidders for Reservoir at the time.   Scott is the person who have helped Nevsun to acquire a  major development (Timok) project  in addition to Bisha.  We should not be focusing only on the IR/PR but take into consideration what Scot has already done for the shareholders.  

The real problem for the fall of the stock price, and everyone agreed, is the copper separation problem, and the decrease in dividend.    The operation manager is responsible for the process problem, and the CEO along with board is responsible for the decision to cut the dividend to 1%.  

The IR/PR may not have done a job that pleased everyone but do you really think IR/PR can spin the process issue and the cut in dividend into non issues?   


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