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Eritrea 2013: Year of Sunridge Gold

"The right time to buy more Sunridge shares and am looking to buy more right now" - Analyst Peter Grandich
“High time to buy Sunridge shares and am looking to buy more right now” – Peter Grandich

By The Grandich Letter,

I have followed both Nevsun and Sunridge closely for some time and I have watched the progress of their projects in Ertirea.

Both companies have discovered significant amounts of copper, zinc, and gold in Eritrea. Nevsun was a penny stock but has now taken off and they have a market cap of approximately $900 million I believe the turning point for them was about 4 years ago when they were awarded a mining license and concluded an agreement with the government for the government’s right to purchase 30% of the project. Continue reading Eritrea 2013: Year of Sunridge Gold