We recommended Nevsun Resources (NSU) a couple of years ago. It engages in the acquisition, exploration, development, and operation of mineral properties in Africa and now in Serbia. The company explores for gold, copper, zinc, and silver deposits. Its principal property is the Bisha property located in Western Eritrea, North-Eastern Africa, which is relatively stable, nonetheless Somewhat Risky. The company is headquartered in Vancouver, Canada.
And we recommended buying it because of its Free Cash, a working mine, and a potential world-class development play in Serbia.
And, with NSU bouncing just under $4 per share, it is still a bargain for the long haul.
But with the Precious Metals rebounding this year, and another very Bullish Sector launching (see Note 1 below), there are Precious Metals and other Opportunities with more upside potential at this time.
Therefore, given our Strategy of Taking Profits when you have them, we suggest you consider:
Selling HALF your position in NSU, today, now.
If you bought NSU when we recommended it at about $2.88 on June 22, 2016, as we write, you should have a profit of approximately 28% in just over two years. That’s about 14% per year annualized.
See our Forecasts and BUY RECOs…. (See Notes 1 and 4).
Regarding the One Major Force affecting nearly all markets, see Note 2.
Regarding the $US as World Reserve Currency, see Note 3.
Regarding all Deepcaster’s Buy Recommendations for 2018, see Note 4.
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July 27, 2018
Note 1: Our most recent Bull Sector BUY RECO generates a Yield of 8+%. It is our fourth recent Recommendation in this Sector and is both Inflation and Crash Resistant coupled with High Gain Potential. And it trades at just over $10 per Share.
Note 2: Increasingly one Major Force is beginning to affect virtually all Markets. Position yourself NOW to Profit, or lose.
See our Forecasts in Deepcaster’s Alert, “THE BIG D Increasingly THE Major Market Mover Prep. NOW!; Forecasts: US$/€, U.S. T-Notes, T-Bonds, & Interest Rates; Equities; Gold & Silver; Crude Oil & Copper & Other Commodities,” posted in ‘Alerts Cache’, under the menu item ‘SUBSCRIBERS,’ on Deepcaster.com.
Note3: The $US as World Reserve Currency and Gold are both under Coordinated Intensified Attack by the Central Bank/Mega-Bank Cartel. Buy our #1 Recommended Asset (Not Gold) for both Profit & Protection.
See our Forecasts in Deepcaster’s Alert, “$US as WRC & Gold Under Cartel Attack! Act NOW; Forecasts: US$/€, U.S. T-Notes, T-Bonds, & Interest Rates; Equities; Gold & Silver; Crude Oil & Copper & Other Commodities,” posted in ‘Alerts Cache’, under the menu item ‘SUBSCRIBERS,’ on Deepcaster.com.