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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 13, 2017 8:22pm
180 Views
Post# 26576624

RE:RE:Kukielski wants to diversify asset base...

RE:RE:Kukielski wants to diversify asset base...Peter K did state that Nevsun needs to diversify. I do not disagree that this would be beneficial; however, as Cash has described they currently do have the paper or cash for a decent sized purchase. Perhaps we need to understand his timeline for this to happen. There are many catalysts which could change their current predicament.

Or maybe his strategy is one where Nevsun could earn-into a perspective property with a junior desperate for cash to advance their property. This would make more sense and not cost them more than $20M. More value could be generated by the drill bit than by overpaying for an asset.
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