North Shore Uranium Ltd NSU

Primary Symbol: V.NSU

Energy

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.

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North Shore Uranium Ltd > GO TO NEVSUN.COM WEBSITE...

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Comment by SignorAndersonon Aug 13, 2018 9:43am

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Post# 28448834

RE:RE:GO TO NEVSUN.COM WEBSITE...

Thanks Tiger, much appreciated. This will be interesting to watch unfold!!!

tiger6301 wrote: Hi S-Anderson, Thanks for the link, good information on their case. In their presentation, a few of cases, the purchase prices were about 1 time NPV, for the Timok uppper zone alone, it is US$6 per share, it is more than CAN$7.5 PER SHARE, for the remained assesst, cash, Bisha, lower zone, exploratory properties, they are worth another 600 millions US$, or 2US$ per share. So, a total US $8 per share, or more than CAN$10 per share. I completely agree with your opinions. How can we get a fair value? It is a BIG task for our management, it will shows the capability of our management. It reminds me about Hathor's take over fight between Cameco and RIO. The problem is the analysis evaluation of 5.88 per share, i believe it Is CAN$. This value is too far to reach the CAN $10. LUN is too cheap and un-professional, and they had a chance to steal it at CAN 5.5. Now LUN will not get NSU, NSU will be gone around CAN 6.5. I am an investor, not a penny flipper, will hold ALL my shares until the end. Tiger

SignorAnderson wrote: It has turned into a “DO NOT TENDER YOUR SHARES TO LUNDIN” website very quickly.

Impressive!

The rejection continues.