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Gold/Mining/Energy : NEVSUN

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To: Peter Grandich who wrote (8)1/21/1997 5:05:00 PM
From: Frank Sprenger   of 205
 
Jay Taylor says the best is yet to come

Jay Taylor says in the January 13 issue of Gold & Gold Stocks that it takes
more than rich assays to make a mine, but indications so far are that
Nevsun Resources' Kubi deposit has a good chance of becoming a low cost
underground gold producer. The newsletter writer rates Nevsun as a buy, and
he notes the stock closed 1996 at $5.49. Mr Taylor says that even though
Nevsun has risen significantly since he first recommended the stock, the
upside now appears to remain very substantial. He notes that the stock is
up about 350 per-cent since he first recommended it back in January 1994.
Mr Taylor says all the indications are that the price rise has just begun.
He says that a combined resource ot 2.7 million ounces has been outlined
from so far from the Tabakoto project in Mali and the Kubi project in
Ghana. Both projects remain open in all directions. With both of these
prospects holding great promise for outlining considerable more ore, and
with its $40 million of cash, Nevsun's prospects appear exceptional.
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