North Shore Uranium Ltd NSU

Primary Symbol: V.NSU

Energy

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.

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North Shore Uranium Ltd > They call it NPV for a reason

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Comment by lumpy13on Jul 06, 2018 5:16pm

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Post# 28279884

RE:RE:RE:RE:RE:RE:RE:They call it NPV for a reason

Sorry, Spacedoc, I don't agree with your logic.

I doubt mining companies are running NPVs at $2.83 CU vs $3.25 a few weeks ago. As everyone knows, Timok won't come on stream until 2021 or 2022, so the key is trying to assess the CU price then. And long term, the dynamics look good as demand is expected to exceed supply.

We're experiencing a short term (hopefully) blip as DJT is upsetting markets with tariff threats. As I said before, once the counter tariffs hit his base, I expect him pulling back. If not, Democrats look good in the 2018 election.

I'm not buying more shares, but I'm also not selling shares.

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