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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 blackwolf25on Sep 11, 2018 12:39pm
113 Views
Post# 28598031

Help me understand.

Help me understand. So basically one of three things will happen. 1 the shareholders take the $6 CAD and sometime in late November the deal is done and money flows into the shareholders accounts. 2 the shareholders beg to differ the deal is quashed and Nevsun pays $50 mil to “The Company”. Tell me what would scenario 2 do to NSU’s share price in the short term? Am I understanding things correctly? Scenario 3 would a “superior” offer. Thanks in advance for any insight.

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