div cut talk is bogusNevsun is sitting on over $200M cash and has Freeport doing the heavy lifting on their only big expenditure (Timok project)
1% copper, 5.5% zinc and gold and silver sweeteners in an open pit generate steady cash flow. THe zinc or copper ALONE would generate profit.
I find the negative trading today truly puzzling - but it's an oppotunity for me to scoop up more shares at a discount.