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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 tony1969on Dec 01, 2017 10:37am
326 Views
Post# 27071772

Page 17 in the new presentaion says it all...

Page 17 in the new presentaion says it all...
If one needs only one reason to own this down here you can find it there. It is titled "Undeveloped base metal projects". IRR of 50% after tax blows all other undeveloped projects out of the water. For example only 2 of the 12 other project detailed in the chart have an IRR above 22%. Hermosa 42% and Kamoa-Kakula 38%. There is NOTHING undeveloped out there with this kind of ultra high grade and incredibly high IRR. Timok seems to be right at the top of the list of most lucrative projects out there. Then we still have the potential of that large high grade (for a porphyry deposit) LZ and other UZ deposits they are currently drilling. Patience is the key here as we do have the goods to propel us much higher in the not too distant future....
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