PINL:VLTAF - Post by User
Comment by
ALLEN4on Aug 23, 2010 7:47am
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Post# 17373734
RE: RE: Nevsun chart
RE: RE: Nevsun chartThank you and just to clarify Nevsun and Volta are very different companies in many respects. And as well the year forward is going to be a much different environment for gold miner investors than the year past. Volta is not reliant on the single project at Kiaka, as significant as it is. We have a huge portfolio of land in West Africa and other very promising projects on the go, along with the cash needed to work it. The year ahead for gold is looking solid and I expect that at some point in the next year or two we will get the frenzied investment in gold miners that we saw for internet stocks, real estate, etc. A small high growth company like Volta will be snapped up quickly in that kind of environment and we could easily see moves a dollar or more in one day. So while Nevsun had some good reaasons for its share price movement in the past year, we have different and more varied reasons for share price appreciation in the coming year,