openticks
Long

Great miner, likely going up with momentum

AMEX:NSU   NEVSUN RESOURCES LTD ORDINARY SHARES
33 0 1
This is a great little miner with strong fundamentals. They have a ton of cash on balance-sheet and they were still profitable in the abysmal commodity price environment. They are also bringing up a major Zinc project that comes online at the right time when the world market is going to experience a severe Zinc shortage. MACD is weakening but the trend is turning up. I think this goes up to 4.32 and then breaks out as the commodity momentum continues.
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