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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 StewartCatsoon Aug 11, 2017 4:15pm
177 Views
Post# 26572759

RE:Asking the Right Questions

RE:Asking the Right Questions
StewartCatso wrote: This is the right question to ask...
BSdetector2016 wrote: This stock will be in the penalty box alright; it has now become a "show me" story. Management has lost most of its credibility, which takes a lot of time and shareholder turn-over to regain trust and correct. The question that keeps coming to my mind is why the ore at Bisha wasn't properly characterised prior to mining the primary sulphides? Now the mine is stuck with trying to figure-out its metallurgical problems while trying to generate revenues. It's a bit like working to fix rocket engine AFTER lift-off. Nevsun has good assets that others covet. I'm hoping the duration of the pain will be relatively short and that an offer materialises soon.



Two quarters for tripping up (to use the hockey analogy), or;

Five quarter major for roughing up the investors, or

10 Quarter misconduct for misleading everyone, or lastly...

Game suspension for suspending disbelief.


So we know that the penalty wasn't 2 quarters for "tripping up"...

We are now working on the 5 quarter major penalty for "roughing up the investors". The good thing is the penalty started in the last quarter of 2016, so it will be over by Q4 2017...Unless...

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