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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: 4figureau who wrote (3076)	1/31/2003 10:03:17 AM
From: 4figureau	Respond to of 5423

Canaccord Morning Coffee Highlights: NSU, THT Nevsun Resources (NSU : TSX : $3.00), Net Change: 0.20, % Change: 7.14%, Volume: 723,700 Here comes Nevsun, here comes Nevsun and I say it's all right. Nevsun updates exploration plans in Mali and Eritrea. Nevsun yesterday provided further insight as to more definitive timing regarding the resumption of drilling by Nevsun in Mali and Eritrea. In Mali, drilling will resume prior to Q1 end, likely by mid-March. The key for Nevsun at Tabakoto and Segala, will be target prioritization as the recent phase of exploration outlined multiple prospects outside of the two main zones. In Eritrea, drilling is expected to resume by mid-February on the Bisha VMS prospect. Nevsun also noted that they have a second large gossan and co-incident geophysical (EM) anomaly about 1.5 kilometres northwest of this discovery area. This new target has not been properly sampled nor drilled and it too will likely receive work in the next round of exploration. Canaccord Capital maintains Nevsun as a SPECULATIVE BUY with a target price of $4.25 a share. Thistle Mining (THT : TSX : $0.65), Net Change: 0.04, % Change: 6.56%, Volume: 1,313,600 WILD ON..The Philippines. Thistle has received notification from the Philippine government that its three million ounces plus Masbate project has been listed as one of the top three mining projects due for development in the next 18 months. This is a significant upgrade in status from the previous exploration project. It is only the second project to be so advanced since the introduction of the new mining law in 1995. Canaccord Capital continues rate Thistle a STRONG BUY with a target price of $1.60 a share.