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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 cigarbuttson Sep 05, 2018 11:21am
135 Views
Post# 28565498

Signor Anderson

Signor AndersonThe buyer has to get a little discount off the NPV calculations for the to be developed mine,  else why be encouraged to come bid.   Sure the Cash is worth cash,  and the other mine is also easy to value,  over a short mine life remaining.

Be happy with this offer,  a very decent premium to the Lundin bid,  and designed to be a "topper" of any other offer.

If you want to get MORE you will have to wait till the deal closes and then get the $6Can :}. 
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