[dehai-news] (BW) ERITREA: Nevsun Resources Ltd. shares surge up 31% to $1.53


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From: Biniam Haile \(SWE\) (eritrea.lave@comhem.se)
Date: Tue Jul 14 2009 - 20:51:05 EDT


Excerpt: "Nevsun Resources Ltd. (AMEX:NSU), a resources company engaged
acquisition, exploration, development and production of mineral
properties, saw its shares to surge up 31% to $1.53 as the Company
announced that its Bisha Project in Eritrea has received all required
credit approvals from the project finance lenders for debt facilities
totaling $235 million. The company is projected to start production gold
in Q3 2010."
 
 
July 14, 2009 05:36 PM Eastern Daylight Time
 
Penny Stock Chaser Announces Investment Opinion on Interactive
Intelligence Inc., Headwaters Inc., Nevsun Resources Ltd., NetSol
Technologies Inc. and Corus Bankshares Inc.

NOTE TO EDITORS: The following is an investment opinion issued

by PennyStockChaser.com

NEWARK, Del.--(BUSINESS WIRE)--U.S. stocks drifted between slight gains
and losses Tuesday but after a strong Goldman results, the market seems
to move to green territory. The Dow Jones Industrial Average moved up 19
points or 0.24% to 8351, S&P 500 gained 4 points, or 0.44% to 905 and
The Nasdaq Composite moved up 6 points, 0.36% to 1799.
 
Every trading day our team at Penny Stock Chaser looks through thousands
of stocks to identify those that are poised and ready to move up. Penny
Stock Chaser has been following: Interactive Intelligence Inc.
(NASDAQ:ININ), Headwaters Inc. (NYSE:HW), Nevsun Resources Ltd.
(AMEX:NSU), NetSol Technologies Inc. (NASDAQ:NTWK) and Corus Bankshares
Inc. (NASDAQ:CORS).
 
To receive more hot stock alerts, investors simply need to join our FREE
newsletter service by visiting the following link:
http://www.pennystockchaser.com/join-now/
 
Interactive Intelligence Inc. (NASDAQ:ININ) which provides unified
business communications solutions for contact center automation,
enterprise IP telephony, and business process automation, saw its shares
moved up 18% as the company announces preliminary results for its second
quarter ended June 30, 2009. The company expects to report GAAP net
income between $1.8 million and $2.5 million and EPS between $0.10 and
$0.14.
 
Headwaters Inc. (NYSE:HW), a diversified Company providing products,
technologies and services to the energy and construction materials
industries, saw its shares gained 10% to $3.09 on no news. HW Analysis
from stockta.com shows a support value at $2.80 and resistance values at
$3.25, $4.71.
 
Nevsun Resources Ltd. (AMEX:NSU), a resources company engaged
acquisition, exploration, development and production of mineral
properties, saw its shares to surge up 31% to $1.53 as the Company
announced that its Bisha Project in Eritrea has received all required
credit approvals from the project finance lenders for debt facilities
totaling $235 million. The company is projected to start production gold
in Q3 2010.
 
NetSol Technologies Inc. (NASDAQ:NTWK), a global business services and
enterprise application solution provider, saw its shares jumped 16% to
$0.79 as the company announces to improve financial performance for the
fiscal fourth quarter of 2009. The NetSol Technologies chairman, Najeeb
Ghauri stated, "Based on preliminary unaudited results for our fiscal
fourth quarter 2009, I am pleased to say we are seeing the positive
impact of our newly focused global sales team and comprehensive cost
reduction measures."
 
Corus Bankshares Inc. (NASDAQ:CORS) shares gained 55% to trade at $0.32
on no news. CORS Analysis on stockta.com shows a support value at 0.26
and resistance at $0.45, $0.80. Corus Bankshares, a holding company
headquartered in Chicago, focuses in providing commercial real estate
lending and deposit gathering
 
About PennyStockChaser.com
 
PennyStockChaser.com is an independent electronic publication that
provides information on selected publicly traded companies.
PennyStockChaser.com is not a registered investment advisor or
broker-dealer. PennyStockChaser.com's affiliates, officers, directors
and employees may buy and sell shares in any company mentioned herein
and may profit in the event those shares rise in value. Please do your
own Due Diligence before investing in any of the stocks mentioned above.

 
Michael Scott Jacobs, CFA, of PennyStockChaser.com is a member of the
National Association of Securities Dealers, CRD number 1818665
 
 

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