RE:RE:Zinc touched $1.3022 this morning, is that positive for NSU?Rinse , wash , repeat....
here we are weeks later....virtually the same trading pattern... $2.90-3.50 usd range...
up 5 cents one day... Down 10 cents another...
commodity prices for for copper and zinc are very strong... And the nsu share price doesn't increase like most of the other commodity stocks ...
So .....
nsu is lagging .... Why?
surely by now... The metallurgical issues have been priced into the stock, as well as the phony balony civil suit vs nsu by 3 Eritreans that claimed that they worked underground at Bisha... When it was clear that it was an open pit mine...hmmmm what forces are behind this lawsuit? Ask yourselves this ... What Eritrean could afford a lawyer, legal fees and trial costs in Canada?
could it be that the institutional holders of the stock ( ie Blackrock and Vanguard and Sprott) are working with Lundin in order to cap the nsu share price appreciation in order for a takeout offer in 2017?
most often when there is a rising tide in commoditys ... The tide tends to lift all boats!!! Even the poor miners get a rise in share price ... And by most.... I mean every stock virtually appreciates during a bull commodity market ... So why not nsu .... It has the lowest production costs, a pristine balance sheet , and an amazingly efficient mgnt operationally speaking!
the theft of nsu market cap is happening right under our noses ....
also.... A while back tony 1969 mentioned the nsu share buyback program.... according to the company, the shares nsu bought back were taken away from the number of shares outstanding ....
since then of course ... 100 million shares have been added due to the RMC acquistion