You think after moving into a 55 and over community I’d be sleeping hours ago. Maybe because I’m one of the “youngest ” older people in the neighborhood I get to stay up late-lol
I see after the close today Nevsun Resources (NSU-ALtnet) announced it has received all acquired credit approvals on its world-class Bisha project. I noted just a few days ago that a very good source had expressed that fears of some sort of failure on the financing side of things was misplaced and that it was just some minor social issues that needed to be fixed.
I’ve stated that NSU is a prime takeover candidate. IMHO you can now start the clock. Don’t expect it to fly to the moon anytime soon nor a bid arise in just days or even weeks, but be confident that it’s going to be awfully hard for a major not to want to get its hands on this world-class project that has a tremendously short payback period.
Providing it doesn’t go vertical tomorrow, I think most mining share portfolios need to own NSU. Typical individual investors are expecting a rocket ship and could become disenchanted if it doesn’t fly out of the gate so hold some buying power if it does gap up on the opening.
VERY IMPORTANT – This NSU deal makes a Grandich Publications client, Sunridge Gold (SGC-TSX-V) the “next kid on the block” in what I believe can be a aggressive area play now in Eritria.
I can’t give you a buy or sell recommendation on SGC because it’s a client and I obviously have a potential conflict of interest. But I can tell serious speculators to do due dilligence on SGC ASAP.
May I suggest you call SGC and ask for Greg Davis or Don Haliday. Their # is 604-688-9478 email info@sunridgegold.com
Dear Mr. Grandich I don’t know of anyone who has combined an amazing gift of financial forecasting with the guts to put their personal life on the line at the same time. I would hope that readers realize how many posts you allow up that are not flattering to you or agree with your position. I think it’s just another sign of how someone like me, a person who has been ripped off by brokers, newsletter writers, etc. is fortunate to have found this blog. God Bless you Mr. Grandich
Kinbauri gold was halted with ATW Gold. It could be them.
I really doubt Kinbauri is with ATW as they are in the midst of litigation with GER.
Michael I see you’ve been one of those who don’t like religious views. The fact that you doubt the Kinbauri story combined with the fact that “God” told me the news, will make the official announcement that much sweeter. If only I could be there when you stand before God and go, “crap, the religious zealots were right. Any chance I can change my mind?”
Bought 35K shares of NSU at $1.15 avg. and 35K shares of TGB at $1.45 avg. late last week. Looks like pretty good timing…both looking to gap up this morning (NSU looking particularly strong). Speaking of good timing, Peter’s call of “NAK under $6 a no brainer” was a sweet one with NAK alreaady above $6.50. My standard quote for NAK under $6 is “like taking candy from a baby.” C’mon $6.85!!! It’s scary how easy this game can be at times. Why can’t it be this way with every stock???
Jerome, if only I could see you stand before Allah and go, “crap, those Muslims were right. Any chance I can change my mind?”
I don’t think the Russians like Obama or us for the matter. No matter what you think of Obama, this seems unbelievably rude. At least he caught on by the last handshake offer.
http://www.youtube.com/watch?v=AHEposwhovk
Susan, sorry. That’s Obama introducing Medvedev to members of the AMERICAN delegation. You religious people seem to have an overactive imagination that leads away from reality.
NSU close at $1.50 (up 31%) on heavy volume.
By the way, NAK up $0.06 to close at $6.60…I’ll take it. Sure would like to see $6.85 before the weekend!
Michael – It’s amazing how anti-religious zealots like you and Eddie make it laughable how wrong you are in so many different areas. Let me know what else you doubt so I can get in on the other side.
Eddie – Is it true when you were born your mom’s doctor told her he did all he could but you pulled through any way? Your living proof why one should never be breast fed through a straw.
Jerome, just more of your nonsensical raving; you really can come into reality. You’re proof of the dangerously crippling effects of religious belief.
Did anyone call SGC and if so, could you provide us with a summary? thanks!
Anyone have info on SGC?