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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 May 02, 2018 2:00pm
176 Views
Post# 27971483

RE:FCX interest....

RE:FCX interest....As noted the other day, I don't see the share price moving more than10% higher this quarter and/or until the LZ estimate is released. The challenge after that is no sizzle except the potential drilling of the supposed new discovery. That's why I had hoped it already had begun but clearly hadn't once the news came out.

FCX doesn't need to hurry as they can let NSU do all the groundwork (literally and figurately) and not give landholders an excuse to hold things up thanks to a deep pocket company like FCX now in charge.

Trust me, they run the numbers like everyone else and will pay up if and when they have to but not before. And by holding off, they don't inherit the potential headaches that are not uncommon in building a mine.

As you know, I don't see anyone else taking NSU out unless they make another UZ type discovery near Timok. That's why we're not already $4-$5, a number we should be at this time next year if not sooner if all things stay the same.

But given the previous CEO and his cronies almost killed us, we need to be content here. 

But don't let me stop you from using your pom poms as they get me through the quiet periods - lol

Have a good one pal.
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