Friday, July 17, 2009

Nevsun Resources – All Aboard!


Today’s news of a super fast closing on the debt financing for NSU makes me feel the train is now ready to pull out of the station. With a superb fast payback and a world class project, I believe NSU is a prime takeover target. I think we’re set to break out now and our first target is $2. I do feel $2.50 can be reached within the next 6-9 months and believe a $4-$5 takeover target is reasonable. (more)

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