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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

Bullboard Posts
Comment by oddykogon Nov 03, 2005 11:09am
230 Views
Post# 9808687

RE: other gold juniors

RE: other gold juniorsMany of the junior golds are having a hard time holding their market valuation and certainly the market did not like the additional dilution that the recent secondary gave us (and neither did I!) However they have secured all the capital they will need for the next year and possibly more while still being free of debt. Quite possibly if Tabakoto generates good results they will not need new capital for a many years to come. There are certainly not many juniors who are able to pick up $40 million of new equity at a drop of a hat, so as unpleasant as it has been it is a sign of a very sound company and a pretty attractive business model that allows them to get away with it. In due course the market will settle down and the sellers will go away.
Bullboard Posts