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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 89angelnoteson Aug 18, 2017 4:47pm
138 Views
Post# 26598152

RE:Here are some recent Nevsun Resources Ltd. analyst reports

RE:Here are some recent Nevsun Resources Ltd. analyst reportsI am surprised that this analyst viewed the change to a smaller pit at Bisha as negative.   It is not the mine life that is important but the cash flow that it generates for the life of the mine.    

Based on this report,  it is clear that the strategy of generating the positive cash flow needed to fund the Timok project is not fully understood.   

I really hope that the Nevsun IR will look into all the analyst reports written on the Q2 report;  and communicate accordingly the reasons for the new direction in the Bisha mine and why this is a better strategy.
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