Greetings!
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 Flow, a working mine, and a potential world-class development play in Serbia.
And, with NSU bouncing just over $4.40 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 all your remaining 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 53% in just over two years. That’s about 25% per year annualized.
Congratulations!
Best regards,
Deepcaster
October 11, 2018
Note 1: Key Sectors are at Major Turning Points both Bull and Bear. Our Forecasts identify these and provide BUY RECOs aimed at Profit and Protection.
Important to Note that the Private, For-Profit
“…Fed is blowing out $80 Billion of its Securities per month which is overwhelming demand and pushing interest rates higher…essentially shutting down the Housing and Construction industries…a major step toward…the next Recession.” Robert McHugh
See these Forecasts in Deepcaster’s latest Alert, “Key Sectors Turning Points—Bull & Bear; Forecasts: US$/€, 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.
Note 2: Savvy Investors know that there are several Key Market and Economic Realities which are NOT reported on by the Mainstream Financial Media, usually because of the Economic Interests of Media Owners and Allies — A Key Component of The “Deep State”.
So, given that Knowledge is Power and that awareness of these Realities is essential to Wise Investment Decisions, Deepcaster summarizes the most important of these so Investors can Profit and Protect.
See our summaries of these Realities in Deepcaster’s October Letter, “Surmounting (Censored!) Market & Economic Realities for Profit and Protection,” posted in ‘Latest Letter & Archives’, under the menu item ‘SUBSCRIBERS,’ on Deepcaster.com.
Note 3: Our Bull Sector 24% Yield, $13 Stock RECO meets Two Key Criteria for our Stock RECOs this year.
1) Great Gain Potential — we expect Continued High yield and great stock Price Appreciation Potential and
2) Be in our Top Two Bull Sectors likely to prosper even in the Mega-Markets Move which is coming soon!
See our Forecasts and our BUY RECO in Deepcaster’s Alert, “Bull Sector 24% Yield, $13 Stock & Forecasts: US$/€, 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.
Note 4: $8 BUY RECO in Sector with Great Yield and Explosive Gain Potential. And Fed to support its Mega Bank Owners.
See our Forecasts in Deepcaster’s recent Alert, “$8 BUY RECO w Great Yield/Gain Prospects; Forecasts: US$/€, 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.
Note 5: Paid Subscribers can see All Deepcaster’s 2018 Buy Recommendations & Bull Sectors posted under SUBSCRIBERS.