Mining M&A Warming Up with Reservoir and Sunridge Deals
Adrian Day shares additional thoughts on Nevsun’s deal to buy Reservoir Minerals. The investment conclusion—to hold—remains. And he has an update on Sunridge being acquired. As mentioned in the last note, Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT) is a strong company, and undervalued stock. Were its flagship Bisha mine not in Eritrea, the stock would be […]
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