NEVSUN Message Board - Msg: 1976480

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Gold/Mining/Energy : NEVSUN

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To: Michael Grajkowski who wrote (43)	8/15/1997 12:40:00 AM
From: Helmut	of 205

Michael Thanks for this observation. Perhaps I'm confusing the impact of Bre-X and the effects of the price of gold. The Bre-X debacle doesn't affect the quality of NSU's holdings; however, what about the price of gold? Wasn't it around $370 last October and won't we need that kind of recovery in the gold price, or some very exceptional news from it's drilling program, for NSU to get back to the $9 range? For the moment, though, all this is beside the point. $4.80 is still a long way from $9 and NSU is still undervalued. Helmut

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