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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 cashtango00on Jan 23, 2018 7:06pm
105 Views
Post# 27420214

RE:Any day now...

RE:Any day now...Tony , my guess is copper recoveries will be significantly better in 2018 because they won't be processing stockpiled ore, but primary ore. Strip ratios should fall now they have preped for mining the pit again. We will take a hit on the expenses of all the new equipment that past management never bought and the maintence costs associated with repairs to the old fleet.  Not sure if they have any gold ore stockpiled to be sold in '18 like they did in 17.  Cash flow should be better this year. Not that optimistic about eritrea exploration because the prior crew hyped it up so much when in fact they were drilling duds on bisha and then we wrote off a lot of resources after they left. should get 4 decent years of zinc mining though 
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