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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 LaurelHardy1on Jul 12, 2018 11:52am
191 Views
Post# 28306515

Good and bad news

Good and bad newsRead it and weep (or jump for joy for all I care).

The bad - Lundin is out of the picture. Their horrible attempt to steal one of the absolute best copper assets in the world today, has come and gone. You'll sooner see Jimmy Hoffa and Elvis dining together than another bid from them (and Katusa, who had more than a fly going for him, telegraphed that and why he went on to his next promotion).

The not so good - There is no one else on the verge of a takeover bid. Looking for a quick flip - look elsewhere.

The good news - serious discussions among key players in Serbia (RIO, FCX, NSU and a name that can't be disclosed at this time) about some sort of consortium and/or M &A between key projects, continues.

The bonus - News out of Eritrea is now expected to allow valuations of NSU's several projects there a major re-rating over the next 12 months. More money being considered now for projects there in last week or two than last 10 -20 years. Can only help NSU.

Only real question - Why not a peep on any exploration in Serbia? Nothing like some new sizzle to wet the appetite.

I return the pom poms now to the rightful owner, Tony.


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