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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 tony1969on Jul 06, 2018 9:56am
166 Views
Post# 28277201

Kukielski has plenty....

Kukielski has plenty....
incentives to sell according to page 41 of the March 31st 2018 Management Information Circular. He has a base salary of $850 thousand. If there was a change in control he would have gotten about $6.5 million when the stock was trading at $3.06C according to the table on that page. The stock is now over 40% higher so he can easily get close to $10 million now that his options and RSUs and PSUs are worth 40% more. Tack on another 30% to 40% takeover premium and he walks away with well over $10 million or close to 15 years salary. Not bad for being on the job just over a year. Other top guys including Trebilcock would get about $2.5 million each when stock was at $3.06C. They would all get north of $4 million using the same scenario I used for Kukielski. In other words they would all make out very well......
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