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Nevsun Resources Ltd. (NSU) is a gold and base metal mining and exploration company.
The stock broke out of an inverted head-and-shoulders pattern in 2009. In 2010, it should challenge its all-time high near $4, which was made in April 2006.
Once that $4 level is broken, the pattern will turn into a large triangle with a target of at least $6.
At the time of this writing, John Lansing did not own shares of NSU in personal or client portfolios.
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