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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 trader2dayon May 08, 2018 7:28am
168 Views
Post# 27995713

3.88 USD = $5 CAD

3.88 USD = $5 CAD
A higher offer might develope?  Freeport McMoran might counter this offer and sweeten the pot for NSU shareholders up to $6 CAD or $6.50 CAD They would be the White Knight then. Going to be a interesting day today as the spread on the AMEX for NSU is at 26.5% which is a premium of .79 cents usd added to the close price 2.97 usd = $3.75 USD

Let the trading games begin.  USD Pre Market is all over the place ranging
3.35 USD to 3.75 USD

Will we see FCX Freeport McMoran (white knight) come riding in with a offer? 
Image result for white knight gif

Anything can happen.

What will the NSU vote be? accept or reject?

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