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Nevsun Resources Ltd. Message Board

  • adfib77 adfib77 Feb 25, 2011 9:36 AM Flag

    Why do they talk very little about

    the SILVER? Isn't there about 9 mil. oz.'s. proven ?

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    • Absolutely correct. There lies one of the "hidden" or less talked about asset(s) of this company in addition to copper and zinc. Reason being is that NSU will be known predominantly as a gold producer for the first 2 years then will morph into a "hybrid" company shifting production more toward silver, copper and zinc. As the mine matures, production will shift to these other precious metals. Gold production will always be there but will slowly move out of the spotlight. Reserve restatements along the way will boost all metal production in addition to extending mine life. The market has completely ignored this facet of NSU and will continue to do so for at least a year or two. Long term investors though clearly see the earnings potential of this company.

 
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