NEVSUN RESOURCES LTD. (NYSEMKT:NSU)

CAPS Rating: 3 out of 5

The Company is engaged in the acquisition, exploration and development of mineral properties.

Recs

3
Player Avatar shpacr (99.39) Submitted: 4/2/2007 11:00:17 AM : Underperform Start Price: $1.70 NSU Score: -75.18

"Marginal" mine in Mali (the company's OWN wording) that requires an 80 MILLION writedown?

Other "significant" mine is in Eritrea.

Me thinks that if this company ever DOES start to make money from these mines, the African warloads will seize them.

Not exactly where I'd want to have my money tied up, if you catch my drift.

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