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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 Demon11on Aug 12, 2018 7:25pm
215 Views
Post# 28447357

Debt of gratitude to the LUNatics -- YES !!! -- honest

Debt of gratitude to the LUNatics -- YES !!! -- honest Dispite panning the LUNatics in many posts I appreciate we in fact owe them a lot 
a) they publicized their proposal to bid - tweeking interest 
b) they established a mimimum starting price of $5/s
c) they further enhanced the share value by making an all cash offer (albeit at a slightly lower price)
d) they forced NSU's to disclose a lot by making a formal $4.75/s bid.
   We now know a lot more:  
       * there are 18 interested parties - mid tier and large mining companies
       * 3 parties are looking for some sort of an 'arrangement'  
       * a 4th is likely looking at a 100% take over
       * the NSU Bof D has publically stated that NSU is worth much more than $4.75/s 
       * the Bof D is actively looking for a suitable suitor 
e) for those who may have considered buying LUNatic shares - the LUNatics have clearly demo'd thier incompetence and provided an insight and lots of reasons not to buy LUNatic shares

(I particularly appreciate this aspect because I was have been considering and watching LUN shares for the past year or so)

So - once again --- thank ou !!  thank you!!!  LUNatics - we owe you (gratitude only)            
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