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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 lumpy13on Jan 11, 2018 10:05pm
273 Views
Post# 27338871

RE:RE:Bisha ...

RE:RE:Bisha ...As I said last night, the results were more negative than positive (sorry, Curvature, the market didn't agree with your positive assessment).  I'm not sure why people are surprised with the price decline today.  The strip ratio almost doubled and the ore mined was almost half of the prior quarters.  A short term hit (hopefully) in return for better future results, as the higher stripping should result in 2018 zinc/copper production based on 100% ore mined (as noted by Kukielski).  Once again, we'll have to endure short term pain for long term benefit.  But remember, even with the decline, the stock price has risen 10% from mid December.

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