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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 27, 2017 4:01pm
218 Views
Post# 26518361

Cu and - Zn is the appeal -- for suitors

Cu and - Zn is the appeal -- for suitors Zn is a 'steady hand' commodity but - supply is becoming a world wide problem - Yur right - by itself depending on Zn by itself could lead to questionable/volatile mine economics - BUT - NSU has a combination of 2 very good metal reserves.

Go back to the RMC situation! Lundin bid on RMC because it wanted to become a major Cu AND Zn producer. NSU now fills this bill even more nicely than RMC!.

My view is that Lundin, now with a pot of cash from a sale, will take a run at NSU - before Cu and Zn prices get much higher -- it has great Cu AND Zn potential to support a strong bid and it fits their strategic objectives nicely. It is likely other majors are sniffing around as well - this is an unusually good opportunity at the right/current metal prices.

then again - who knows .      
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