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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 Demon11on May 18, 2018 11:20pm
249 Views
Post# 28055779

Posion Pill NOT! Kicker - YES!

Posion Pill NOT! Kicker - YES!I think the idea that Bisha is a poison pill /anchor for any deal is dead wrong - I think BISHA is  the key to a deal. We already know there is at least one more feasible pit/expansion at BISHA. So -  what is the value of  BISHA? What are the reserves (and there appear to be lots). All the BS about Eritrea being a 'problem' is way over played. NSU have mined there very sucessfully for many years. Also keep in mind FP has a 1st right on Timock (only) not NSU - so if it wants Timock it will have to bid on NSU including BISHA (it could also make an offer on TIMOCK only - lets hope this happens) To get Timock FP will have to have join a bidding battle for NSU and see enuff value in BISHA to justify a competitive bid.      
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