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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 16, 2018 9:11pm
148 Views
Post# 28475498

So easy for the LUNatics to get NSU .....

So easy for the LUNatics to get NSU ..... all they have to do is increase their offer by say 50 -75 cents a share to $5.25-$5.50/s  (cash) at an  additional cash cost of $150-$225 million (peanuts in the mining game) -- OR by throwing in  0.10- 0.2 LUN shares/s  to the $4.75/s current offer. This would result in an insignificant dilution for LUN and it would almost guarantee 90% of the shares being tendered by NSU S/Hs. 

Imagine the grief this would cause the NSU BoD and management!!!!!!  - hooped!!!!! 

If the LUNatics had half a brain (no chance of this) they could do this in flash by amending the offer and getting this done within a few weeks.

However NSU is 'safe' ;-)    
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