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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

Post by stazon Oct 27, 2017 5:22am
215 Views
Post# 26866733

My last question for tonight

My last question for tonight
Again, for those interested. Not all guys bother to read materials available. There are a lot of smart guys here, on this BB. That means a lot. It's a pleasure to share common interest with you. The NR says we have $3M net income. If you go to the report you'll find out that actually we have a loss of ~$500K attributable to us and the rest goes to non-controlled interests. That's not a big problem I have here. My question: Go to Consolidated Interim Financial Statements . page 14, paragraph 9. Apparently, we have something in North America which on the balance sheet weighs $120M and in the last Q drained more than $5M out of the bottom line. Brining earnings to -$527K instead of +$5M. I might be missing something. Too tired and stressed? Lol.Any ideas?
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