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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 stazon Aug 10, 2018 2:18am
210 Views
Post# 28438273

Don't worry, be happy ( the music in the background)

Don't worry, be happy ( the music in the background)
Grandich and his admirers/followers on this BB sold their holdings even before LUN announcement on July 16 after the market close.In the $4.30-4.40 range. Smart move , heh. Now Grandich promotes TGZ as an investment that holds better potential. Really? NSU has a floor, $4.75. Upside is not defined but $5.88 as a median analyst's evaluation can be used as a bearing .20-25 % upside. Downside- 0. ( As much of assurance as the stock market can give). "Thanks to profits from the sale of Nevsun Resources (which was my largest ever individual holding), Teranga Gold has now assumed that role." Well, first of all he missed the ride from $4.3-$4.4 to $4.9. Secondly, with TGZ it is in my view a bit more gamble than with NSU now. TGZ can go lower, he says that himself. Actually, I don't care what he says, we will see for ourselves. NSU has much less chances to go lower. Almost none. Point here is to do own thinking and analysis instead of awing some guru who actually missed the jackpot after a year and a half of suffering . And now, when the time has come to reap the reward, it looks like he was just happy to get his initial investment back , get out and get in to some other risky endeavor . Way to go.
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