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dr_airtime

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dr_airtime

Re: None

Tuesday, 05/09/2017 3:02:59 PM

Tuesday, May 09, 2017 3:02:59 PM

Post# of 35776
NSU.TO - Nevsun anyone been following?

Took a quick look for a trade as was scoping the copper miner correction out of the "leap" out of the multi-year copper bear.

Nevsun has sold off for last several months. Final death blow seems to be them cutting the dividend by 75% to keep cash to fund Timok (will be one of highest grade copper mines in the world).

Anyone seen anything else to warrant selloff? I know the orebody changes a lot over the years so there seem to be challenges producing both copper and zinc concentrates from this PR. Also I like that Nevsun is basically a zinc miner this year.

http://www.nevsun.com/news/2017/february23/



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