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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 Aug 08, 2018 4:04pm
122 Views
Post# 28429583

While fun to listen to retail SH'ers talking tough to Lundin

While fun to listen to retail SH'ers talking tough to Lundin
...the reality is that it's the institutions that decide what will happen and when. Most importantly whether they will be satisfied with their return to their unitholders - so they can move the proceeds from the sale of their shares elsewhere (with higher upside potential). They all have a price in mind, and it is likely short of "full value" for Timok and the rest. In any takeover you have to leave some value on the table for the acquirer to squeeze out (at added risk to them I might add). --------------------------------Having said all of that, I think this deal gets done at $ 5.50 CAD$. Perhaps $ 6.25 if a white knight decides to enter into the picture. --------------------- Posturing on Stockhouse won't change the way it will go down...in the least. I'm a realist holding out for another 25 to 30 % ($4.75 X 130% = $ 6.175). Calls for $7- $10 are a pipe dream. Nevertheless...good luck in changing the dynamic. Kind of like yelling at the TV during a hockey game. MM
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