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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 mercedesmanon Jul 17, 2018 1:58pm
191 Views
Post# 28328057

I say....

I say....
Sell NSU to Lundin for $ 5.00/sh CAD + a 10-15 year Royalty Payment from the Buyer (Lundin?) relating to future long-term Timok Revenue streams. But before that transaction closes, spin out (retain) Bisha into a Newco (to be owned by current NSU shareholders) and where future Royalty streams from Timok buyer are deposited. Done. Advantages: Buyer not burdened by Bisha mine & human rights politics, and initial cash outlay (needed upfront for mine buildout) is partially deferred into the future. In-box me with the details on where I can go to pick up my consulting fee (1/4 of 1% of the Buyout value). MM
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