Nevsun Resources Ltd (NSU)

[geodan]

Agree Zero, I would have done it sooner right after the merger.

Now this does not mean there are not issues, there are issues. It boils down to copper circuit now. The zinc circuit is working, they made a rare mistake for them, they did not sample the transition ore enough and work out the metallurgy issues on copper before they got to that ore. The only major mistake have ever seen them make.

That said read Gold Mining Bull's Alpha article I just posted, Timok is worth more in present value that all of NSU stock and Bisha is too, both by themselves.

And Timok is getting better with today's results:
HIGHLIGHTS

Drilling continues to confirm continuity and the high-grade nature of the Upper Zone


New massive and semi-massive sulphide intersections include:


14.58% Cu and 12.9g/t Au over 67.5m, within 6.00% Cu and 3.79g/t Au over 256.3m in TC160130
17.97% Cu and 7.59g/t Au over 46.5m, within 5.93% Cu and 2.20g/t Au over 279.0m in TC160128A
16.94% Cu and 9.44g/t Au over 22.5m, within 5.25% Cu and 4.69g/t Au over 163.5m in TC160133
13.94% Cu and 4.91g/t Au over 20.3m, within 4.96% Cu and 2.01g/t Au over 222.8m in TC160124A