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Gold/Mining/Energy : NEVSUN -- Ignore unavailable to you. Want to Upgrade?

To: jbal who wrote (92)7/22/1998 6:07:00 PM
From: Peter Priverts  Read Replies (1) | Respond to of 205
 
They are bailing out like rats! Last quarter financials stink and cash reserves are down big time from last year. The upside is...those with the balls to buy in this bear market in junior exploration companies will profit in the long run. Nevsun, even should they go broke, are sitting on assets that Barrick or some other producer will snap up when the timing is right. This company has great management and too much at stake to roll over and die! Be patient ye goldbugs! Newbie Pete



To: jbal who wrote (92)7/22/1998 10:21:00 PM
From: Michael Grajkowski  Read Replies (1) | Respond to of 205
 
There is some institutional selling that has been on for two months.
Why?I do not know.I phoned nsu and nothing has changed.They will close the deal with oliver gold next month that will add 1.? mil oz.
there is six big boys trying to make a deal with nsu.$1 seem to be a good price but I'm waiting for the end of this sell off.

MIKE


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