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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 rob926on Jul 19, 2017 2:22pm
130 Views
Post# 26486769

RE:RE:RE:RE:RE:RE:RE:RE:Why is this stock not soaring on this???

RE:RE:RE:RE:RE:RE:RE:RE:Why is this stock not soaring on this???Hi thorgb1 good to hear from you. Do you think the total tonage of the UZ will excede the 65.3mt? The release seemed to imply a high % of that figure will be proved. There is the chance the grades are running higher than the first report but their press releases have said in line with previous grades. I thought that meant no better or worse for grades. We did drill some holes at Tilva and found some small intersection of copper. Nevsun is probably using that data to pick some more targets. If you remember Reservoir felt the best area for more high grade was west on the Nilolicevo lease. They did drill 10 holes of no copper  before deciding to conserve cash. The minerization is getting slallower as it moves west. They felt there was a good chance to hit a shallow discovery there.

Rio Tinto has until 11/2017 to finish spending the 3.1 million on our joint venture.

I own a bunch of shares but more timely I own 1700 September call options with a $2.50 strike price. Pretty much since I bought them we can't get back over $2.50. When I bought them I felt that a big move would happen but every time we start up we get whacked!!!! I hope todays move will last!!!!! GLTA
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