North Shore Uranium Ltd NSU

Primary Symbol: V.NSU

Energy

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.

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North Shore Uranium Ltd > Glass Half Full

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Post by StewartCatsoon Aug 10, 2017 3:58pm

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Post# 26567859

Glass Half Full

Okay,

So the slate is clean. Q2 saw...

No tax and none for the rest of the year.
22.4 million of cash generated from Bisha
Cash at 171 Mil...Wheremegold, this is a good thing n'est pas?
Bisha no longer marginal (or sucking money), but will be generating positive cash flow.
Positive lesson learned for Timok (don't rush the study) do the right Front End Loading (i.e. engineering) to maximize Upper Timok value. The original PEA saw gold recoveries at 40ish percent. This value will flow through to the shareholder.

That's all I have for know