update from nexus, page-13

Denny and all.

The insiders have been selling towards the latest announcement, furthermore another selling to the general market investors. Nuts, plenty of selling pressure. General market sentiment is going to hurt us with underlying unemployment being a major concern, given the weighting consumer spending has on economic growth, commodity prices and hence a spiralling multiplier affect across all sectors. Perhaps inflationary thoughts for the Gold bulls might be subdued in the short term with the strength of falling demand in retrospective to the increase money supply (however most of the money seem to be tied up with institutions, banks etc, not flowed to the market in general hence we don't see the inflation spike yet)... Many opportunities will exist in the following weeks or months, good to keep a war chest of cash.

For a show of support, i have bought more at 31.5c. Buying under the directors on market purchase is a good sign. And 30c will be a very strong resistance/bottom for NXS. However concerns on falling spot prices in the short term will influence NXS net worth. However, i am confident in the long term that the tide will flow our way. Buying significantly under NPV can be swallowed by my current risk appetite (their huge debt is a pin in the shoe, however their asset value is the Queen.. but need cash to be King though.. hehe)

Okay, back to work... enough of my thoughts... but before i go here is an interesting article to read:

"Oil Price to Match Record $147 in Three Years"
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQZBAT64L.zk

Just beware that these are only thoughts and assumptions of people's views, there are of course to sides of the fence.

All the best to all holders

LM