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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 biscuits11on Nov 09, 2017 10:06am
220 Views
Post# 26932234

RE:Has there ever been a negative feasibility study?

RE:Has there ever been a negative feasibility study?WMG - I agree with the assessment of how stocks in the penalty box act. The market got crapped on by prior mgmt (mishandling of the dividend, mishandling Bisha) and the stock was punished. New mgmt has not had enough time yet to build that faith. Thats why I believe the two most critical things will be the timely PFS release and the Bisha improvement. If mgmt can release the PFS on time it will go a long ways towards rebuilding the lost credibility. They delayed it to "be robust' so this in my opinion is critical. I also think Bisha increasing the CF is huge. They changed the mine plan to maximize cash flows, if they cannot follow through on this, we are in big trouble. 


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