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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 Demon11on Jul 06, 2017 3:40am
165 Views
Post# 26438263

will it be a mine or a takeover?

will it be a mine or a takeover? When you see the size of the lower zone vs upper zone plus potential Bisha zn possibilitiies 
it makes for interesting speculation. The lower zone drilling has been limited vs the total lower zone but the results to-date have been impressive. So what will happen? Timing is a factor at this point 

Lundin took a run at RMC because of Cu potential but their overal corporate objective is clearly to be a major ZN and CU producer. NSU is a far better match for them than RMC in this regard ....... Lundin will shortly have significant cash from a sale ..... Lundin has experience operating in Africa ....
.... a run at NSU would seem a logical next step for them?

I like the situation which is developing -- however patience is required  
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