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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 Jan 11, 2018 7:10pm
172 Views
Post# 27337815

Bisha ...

Bisha ...
Seems like they processed mostly stockpile material as you said this morning Cash. Does this mean that perhaps they extend the current life of mine a bit. They apparently spent last quarter just cleaning up what the other management did not process. Am I right? I guess they wanted to sort things out and see what they truly had and start 2018 on a clean slate. I believe that the worst is now behind Bisha and things will dramatically improve this year as far as mining operations there. Perhaps they can crank out 30 to 40 million lbs of copper along with over 200 million lbs of zinc this year. A new discovery there would be icing on the cake. I say we slowly start trading higher here in anticipation of the Bisha and Timok update in the next couple of weeks. Then we should get the Timok pfs later in Q1 so some nice catalysts lie ahead. Patience. Easier said than done but it should pay off in the end.
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