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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

Comment by Demon11on Aug 19, 2018 6:28pm
100 Views
Post# 28484335

RE:RE:Detailed reading of junk from NSU-clearly indicates ----

RE:RE:Detailed reading of junk from NSU-clearly indicates ----agree this is a risk -- but remember the 19.9 % sale will bring in the equivalent of $4.75 or better /s in cash according to the NSU BS  -- i.e. the additional shares will a bring an offsetting amount of cash -- so its not a given the share price will go down -- but I suspect it will for other reasons --i.e. many years before there is a cash flow.

The Lunatics have backed NSU into a  CORNER --- big time -- the
dummies in NSU should have anticipated this and had some good news in their back pockets i.e a spring/summer UZ drilling results to keep everyone interested in NSU value. 

if you believe what you have said --you still don't have an out --- the LUNatics can withdraw their offer at any time and hand you back your shares. If a shwak of new NSU shares are issued LUN with will simply  amend their offer price -- down  

let's face it  NSU s/h's are hooped --AND GOING TO END UP GETTING SCREWED NO MATTER WHAT COURSE OF ACTION NSU  TAKES (unless of course you believe in fairy tales and white knights on dark horses) - LUN wins this round 

What NSU needs now is a continuous weekly stream of positive news - it might help 


 



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