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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 George98on Apr 19, 2018 6:20am
245 Views
Post# 27909205

ZINC plays, both producers and speculative explorers

ZINC plays, both producers and speculative explorers I have checked many zinc plays both producers and speculative explorers and I think that the ones with the biggest upside potential are Nevsun(NSU) and Ascendant Resources (ASND). We all know NSU, it's an old play. But ASND is a new producer with zero debt and its current Enterprise Value is under 2 times its 2018 projected EBITDA. Absurdly cheap. The latest news is in line with guidance with ASND generating US$5.1 million in Free cash flow in Q1 2018 alone. The market doesnt know ASND  because it's a very new zinc producer. Ideas?
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