Market Call Tonight
During the BNN program Market Call Tonight, the editor of Exploration Insight Brent Cook gave a comprehensive overview on “Junior Mining Stocks and Commodities” by answering questions of current and potential investors in mining shares.
According to Brent Cook big mining investments should be avoided in countries such as Russia, Mongolia, Venezuela and Ecuador due to the high risk of instability and corruption. He mentioned, for example that exploration projects with Russian ownership could be a very risky investment due to the involvement of the Russian Mafia.
However, he believes that places such as Canada, Mexico, Latin America, Angola and Eritrea are countries that are good to invest in due to the reliable actions taken by the governments in recent years. In respect to Eritrea he says, “I would definitely put money in Eritrea, I have been there a couple of times and talked to the government and they are under control“.
One viewer and investor asked Brent Cook on his thoughts about Nevsun Resources and their mining business in Eritrea. His reply was that the Bisha Mine is a fantastic deposit with a high grade gold cap they will mine and make a lot of money. He underlines that Nevsun Resoureces is a good company with a good deposit in a good country, which has its financing completed.
Brent Cook’s view can be supported by other analysts who say that at current metal prices, the Project is expected to generate enough cash in the first two and a half years to repay all debt facilities, in addition to further mine expansion. The Bisha Mine will be a low-cost gold producer for the first two years and a low-cost, high-grade copper and zinc producer for the remaining 10 year mine life. Further resource potential exists at depth and from nearby discoveries within the Company’s licensed areas.
For the next 12 months experts believe that the share price of Nevsun could go up to $2.56 or even $3.50, although Brent Cook thinks that the share price will be in the range of $2.50 in the next 12 months.
Watch the program with Brent Cook here: BNN Market Call Tonight.
Brent Cook is an independent exploration analyst and advisor. He currently serves on the Advisory Board of several junior exploration companies and acts as a consultant to several institutional investors. Brent Cook produces the weekly investment newsletter Exploration Insights. For more information on Brent’s letter please visit www.exporationinsights.com
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- Eritrea: Analyst Says Nevsun Resources Future Prime Takeover Candidate
- Nevsun Shares on the Rise
- Gold Search Picks Up in Eritrea, Says Analyst
- AXMIN Appoints Vice President of Exploration
Asmara
26°
I bought Nevsun shares 3 month ago at 1.40 – the shares performed very well. I would be delighted if they continue to rise. Did you see how Brent reacted when he heard about the 50 cent plus increase of Nevsun shares in the next twelve months?
Brent Cook is day dreaming he don’t know Eritrea a one man state, it depend how long the Dictator survive, guys don’t waste your Money wait till the people of Eritrea have their country back.
Eritrea is the only country with out corruption . This man knows the truth . Long live Eritrea.
I would definitely invest in Eritrea. EWe have been supporting our country in any way it needed help and this time is investing to gain profit. and I would advise eritreans who love their country to put more money as it will benefit the country and ourselves by getting return. If Eritreans do not do it Americans, candaians europeans any one who is interested in doing business will by shares . After all the shares are sold worldwide. Do not listen to peoplelike Jemal. We do not know who he is,. He can be an angry ethiopian who does not want to see a strong rich and stable Eritrea. just ignore him. The camel marches while the dogs bark is the saying. I am peaceloving person but Jemal is the opposit of me
Jemal Shut the F up….. Eritrea belongs to warsay Yekalo…..And The Whole Eritrean People are Warsay Yekalo and His Excellency the President is the most Patient Creature in this Planet.
Jemal You are completely Enslaved and Eritreans are completely Humans.
Long Live Eri
Truth Will Always Previal
“the camel marches while the dogs barking ” the goverment of eritrea and the people are working hard un like * jemals * people we are not deepending on westerns .we r self reliances.long live wedi afom .
I am investing on Eritrea because it is a stable, peaceful and corrupt free country.
we wont to ionvest in our mather land. But the question is when? as every one of us now the policy in eriteria is not good b/cit is the plicy of wild.the man who say invesment in eriteria is scure ,may be for him, but for us it is the most insecure country as faras i isin the hands of th wild people. i dot know what is met by security, as to me security in eritera is not in place.if security is in place why the wild isayas escape assassination, why people are arested with out warrant, why people are killed with no reason, people are killd and beingkilled by the wild solders as they try to escape hunger in the bordr areas with thiopia and sudan. the one who saysecurity is good may this is not clear for him, but for us it is the burnning isuue. another example that eriteria is insecure, may be exlained by the presece of a number of opposition milliter wings such as kunama libation front, red sea afar, anothers. so it is good to invest in eriteria after freedom.
I am too definitly invest in ERITREA,BUT some one tell us!!
ho to call,talk,pay,can we do thrue gaverment of ERITREA….
please tell us for people like me first time to share.and
thank you!!
Hi Mahari,
This has nothing to do with the Government of Eritrea. This is the Global Stock Exchange!
For individual investors the best way and probably cheapest way is to talk to your bank and tell them that you want to invest in shares. Some of them have in-house brokerage services.
Or you sign up to one of the online brokerage companies such as Fidelity, American Express Brokerage, Citybank…
You should start with your bank! If they can not help you try to find a online brokerage company!
Jemal the homeless, and hapeless loser.
How would an alleged dictator would lead a stable country with little or no corruption and crime?
Your daydream of seeing Eritrea a failed state is over.
Eritrea is stable indeed for several things:
- Hardworking, law abiding, and determined people
- Social harmony, Moslems and Christians alike
- No regional or tribal conflicts
- No extreme or fundamentalism of religion
- Disciplined army
- Geo-political reasons, proximity of African states and political background
- Potentials of all kinds of mining
- High potentials of geological studies
- High potential of tourism
- Fertile lands, including land and sea
- and above all Gold and visionary leaders, tested of hardships, interms of national security, rule of law, diplomacy, and fulfilling basic human needs.
Jemal, the loser agent, the days of sabotaging is over. Eritrea will achieve its stated goal of the Millenium, whether there is investment or not.
Let dogs bark while the camel marches!
Long live Eritrea, the “CAN DO” state!
And long live the “dictator” of Eritrea, dictator against the sellout bandas, beggars, and mercinaries: George Washington of Eritrea, President Isaias Afeworki!
To The ZXAmiche
I realy love reading your comments,( in all website)
your are great !!
Regards
I got no much to say ZXAmiche said it all…Eritrea is the future of Africa. By the people for the people with the people, I mean real people not sellouts and mercenaries Eritrea shall thrive. THE peoples’ desire is PIA to dictate the intruders. One can repeat “one man rule” numerous times for a purpose, however it is beyond the authenticity because our history explicates PFDJ along with its leaders is the most Democratic Party ever. I will absolutely invest on Eritrea.
What is the estimated cost of production per oz Gold?