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Nevsun Resources Ltd. Message Board

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  • cabogordon cabogordon Nov 30, 2010 7:32 PM Flag

    $1.1B Market Cap - Make Your Case

    nsu will have alot more gold to mine in the area. how much. who knows... but, i assume another 4-5mm oz

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    • Appreciate the dispassionate thoughtful discussion. I'm holding GSS (huge disappointment), HL, AUY, a couple other small positions. Thinking of trading the GSS for NSU. Also a little concerned about the politics. But what I'm really concerned about, and I'd love to hear some thoughts about it, is the graph that the CEO posted on the Denver Forum video showing how gold production is going to drop off after a certain time. I imagine they'll be drilling in other parts of the property they own, and maybe by then they'll have more gold. But that means they need to raise money to get it out of the ground. Although maybe they'll have enough from production.

      Again, any thoughts are appreciated.


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