stateside, I don't think Nevsun will jump until CHN sp is under 20c. While a little bounce may take place from these levels along with the bounce in gold price the sp, by my reckoning, is then headed sub 20c as gold also goes lower.
I don't think the low is in for gold as it is rare for a low to be accompanied by good news which the the Straits of Hormuz/Iran tension is for gold.
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