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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd., formerly Clover Leaf Capital Corp. 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, and is evaluating opportunities to increase its portfolio of properties in the region. The Company has the option to acquire a 100% undivided interest in 11 claims that form approximately 77% of the Falcon Property.


TSXV:NSU - Post by User

Bullboard Posts
Comment by Orwellon Sep 10, 2004 11:37am
384 Views
Post# 7905189

Government negotiations

Government negotiationsIf a major steals the mine from NSU, I would say that's worth a lawsuit by NSU against the major, if only to bring attention to the event to the media, public, govenments etc. Depending on who the major is, the bad publicity might be too much for it if there is a concerted effort by NSU and shareholders to push the issue via Canadian government, etc. If the other player is a private company based in a third-world country, then likely there would be no recourse via the company, but western governments could apply some pressure to Eritrea on other trade or aid matters, etc. Best case scenario is govt gets more $, and NSU is allowed to go ahead; stock price would reflect slight loss of shareholder value, and a risk discount always overhanding the stock. O.
Bullboard Posts