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PennyStockInvestor

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PennyStockInvestor

Re: coinmaker post# 27641

Sunday, 04/01/2012 11:31:54 AM

Sunday, April 01, 2012 11:31:54 AM

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Barrick gold could buyout NSU. Based on this article NSU might be receiving a buyout offer from Barrick Gold in the near future.

http://www.reuters.com/article/2012/03/30/us-mining-summit-abg-idUSBRE82T0GP20120330

Barrick already has operations in copper.

Why not expand while the gettings cheap and the price of the asset can only go up?

With Nevsun's massive deposits it would be perfect for Barrick to expand those copper operations. And the price for NSU has certainly been halved from last year.

This could get interesting.

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