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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 SignorAndersonon May 11, 2018 11:07am
123 Views
Post# 28018365

RE:RE:Where to reinvest?

RE:RE:Where to reinvest?True and agreed. Eritrea, despite the risks appeared to be an anomaly. Regardless of the projected and actual risks, nothing has seemingly happened except some spurious labour lawsuits.

I will hear any story, but regarding NSU, the story became much more saleable when they bought Timok...arguably not a third-world jurisdiction.

As long as we have choices between projects in more favorable jurisdications, I will gravitate towards those projects. Not saying you can't make money in the Congo, but not worth the risk IMO as long as there are similar/close alternatives not in risky jurisdictions.

Those that have been around since the KRY Crystallex days can attest. I want the investment to be about the project, not some rogue government/nation. If I can eliminate/reduce the likelihood of that risk I will.

When I go in, I tend to go in big and willing to hold long-term, so knowing my investment style I'd like to reduce that big political uncertainty as much as possible. All IMO.
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