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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (11653)	1/28/2003 1:26:24 AM
From: WhatsUpWithThat	Respond to of 13660

You mean like this? <gg> Nevsun Resources Ltd NSU Shares issued 46,660,421 Jan 27 close $3.00 Mon 27 Jan 2003 Street Wire by Stockwatch Business Reporter Letter writer Robert Bishop, speaking at Joe Martin's 2003 Vancouver Investor Conference on Monday, said that while the easy money is gone, Nevsun Resources remains an excellent speculation. "If there is one stock I feel very strongly about," Nevsun is it, he told about 300 gold-hungry investors during a 30-minute talk. Noting its run from 40 cents a year ago to recent intraday highs of $3.60, Mr. Bishop said, "Yes, the easy money's gone, but the certain money's going to come." Mr. Bishop, author of the Gold Mining Stock Report, said the company's Tabakoto and Segala projects in Mali, West Africa, have proved up nine new zones, with "millions of ounces to come." In massive sulphides drilling, the numbers are "extraordinary." Of six holes drilled recently, four holes hit their targets. "This pretty well guarantees" that Nevsun will have plenty of news to deliver in the coming months. He made the comments while rattling off the virtues of about a dozen listed gold companies. Practically all the junior companies he mentioned received favourable comments. Those admonished were Barrick Gold and Placer Dome, which were scolded as being "the biggest hedgers in the world." Responding to a question from the audience of about 300, Mr. Bishop said the gold bull market is still in its earliest stages, saying that 20 months of increase does not outweigh 20 years of declines. He sees new highs for the price of gold during the next year, and $1,000 per ounce within three years. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com