RE:RE:RE:RE:RE:RE:RE:$3.00I looked at the NSU stock prices from 2002 to now; the two tops were at 2003 and 2011 which were at the peaks of the resource market. The rest of the time it has just gone sideway. During the last few years, when most of the mining companies have their stock prices cut by 80-90%; NSU has only gone down by about 40-45% which was excellent. Reservoir stock gone down around 45-50% . And in the last 5 years, copper prices have gone down from around $3.50 to $2.20 but the NSU stock price has remained fairly steady.
My takeaway is that NSU stock price has done reasonably well and can hold even during bad times.
With the purchase of Reservoir; the NSU story is even better. It is no longer a one mine/geographic location company which has lots of cash flow. We will be looking forward to tons of value that will be unlocked in the next few years. I continue to believe that NSU stock price will rise to match its underlining value. It is not a question of if, but when.
NSU is undervalued. For those who sell now; you will regret selling at this price. I like buying low and selling high!