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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 SGCGRIMREAPERon Mar 02, 2018 12:33pm
135 Views
Post# 27652265

RE:RE:RE:Dear SGCREAPER

RE:RE:RE:Dear SGCREAPERBravo Tony for telling nutdoc what so many already know about him.

You're right Laurel, no more wasted energy on a proven loser.

Now for the conference call and latest news, It's clear Peter and his new staff saved the Titanic and while not yet ready to be an oceanliner again, the worst is clearly behind us.

I can tell you an interesting observation I heard from a former major player in the mining game. Once the PFS is out, he expects either FCX or Lundin to become a strategic investor or in Lundin case, make a buyout offer. It makes sense especially for FCX to buy shares as any acceleration of the UZ development, is good for their main cause. This would be on the belief NSU has more than survived and won't be able to steal it anymore.

Lundin would buyout versus invest and both it and FCX would sell Bisha and consider it found money.

The third option is NSU gets another investor and then spins out Bisha to shareholders. Look, it will be worth more whatever the stock trades for than it gets valued now.


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