Nevsun Resources Ltd

Growing high grade, low cost Gold producer - projects in Eritrea, East Africa

Message: Auguries—Original Gangstas

In February I said that Greece is likely to default. I still see no reason to change my mind.
For an over view of recent events see:

With that in play Germany is waiting for a report about Greece a month from now, so not much change to be expected about precious metal prices, troubled Euro and US Dollar.

I also still think that Nevsun has not told a full story about it's shortfall in the resource.

Why sell a whole bunch of metal into a market of artificially depressd prices when there is

more than enough cash comming in from present production.

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