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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 nextimeon Sep 14, 2017 12:16am
171 Views
Post# 26693708

RE:RE:RE:RE:Compensation

RE:RE:RE:RE:Compensation

To much to do and too little time...

Read a long time ago.. The first clue that management was greedy..  part of the year end bonus was based on the project coming in under budget and on time.... That cost a dollar, gosh it only cost $.80, pay me.   

not "on time and viable". (performance based).

Regardless..

Sold the trading shares after the ceo purchase. 

My plan was to jump back in with the trading port after copper corrected, jumped back in 60% yesterday when it looked like $3.00 copper would hold. That didn't work out. Still ok.

I see no more internal risk, external risk may be a law suit(s).Suits will fail, short term damage to stock price won't.

Third quarter should be good to great. Cash may be down but earnings should be way up.Spending alot of money, or should I say putting money to work. Money that the market would not pay a multiple on.


 Risk reward does look good. There is still a down side risk, if we do go much lower I'll overweight more than I am now.

Zinc price looks good till mid 2019, copper looks good for a long time.

GLTA

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