Hi Thomas
I agree with you.Most of the shares are in funds hands so whatever is happening is legal.According to my broker big boys were selling at $5.90 and now want to buy below that amount.If you look at the chart you may notice that this decline was due now.I'm very bullish on NSU.
I'm attaching a part of a news release and would like to hear your opinion.
Thanks for your input.
Nevsun Resources Ltd. (" the Company"), announces that as a result of a delay in completing its prospectus
relating to the qualification of 3,000,000 common shares upon the conversion of 3,000,000 special warrants that
were issued on September 25, 1996, that 1,500,000 non-transferable share purchase warrants will be issued to
the investors in the financing on January 24, 1997. Each share purchase warrant is exerciseable into one common
share of the Company at an exercise price of $11.50 per share on or before January 23, 1998.
Would they miss that.
mike |
