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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 WheresMeGoldon May 17, 2017 9:39am
123 Views
Post# 26254042

RE:On May 12th they gave.....

RE:On May 12th they gave.....The new CEO certainly needs incentives but it reminds me that Nevsun has quite a few people collecting C$1M+ salaries with generous stock options. For a company not performing well with it's current market cap it can make one concerned whether this level of compensation is appropriate and warranted.

I don't know where much of the executives stock options are priced at. Perhaps others know. If they aren't in the money unless NSU goes up significantly then it may appear more appropriate. If they are in the money today then where is the true urgency to drive the share price back up to where it once was and beyond. 
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