This was a stock to buy when the Mali mine was being built and we had the prospects that we expected. Who would have guessed that with about three grams of gold per ton in a country of low labour rates and needing income from mining, that things would fall apart.
In Bisha the company has the resource to make this a desirable hold again.
With the hope that the management has learned a lesson in Mali, will apply it, things again look impresive with permit in hand. However it will not happen over night. If you want instant gratification, go elsewhere.

Where we might get some decent gains in the short term is from the benefit of the gold price. The metal price is going up but the transfer to the share price will take time. Most prospective investors need to have their greed tickled in today's market.
It is my opinion ( 20 years of stock investing ) that the financial problems have caused most investors to be very shy, no not cautious or even careful, but shy and nervous. They want to see the assets in spades before they bite.
With Nevsun, the resource is there but that is not enough. If it were not for the rseource this stock would be in the pennies. The permit is a big step. Financing, while dilutive is next. But the crunch will come when just about every one notices that the mine takes shape. Remember Tabakoto mine, how it sparked interest?

That will come and even more so but at least two years away - that is the time frame that I expect before we see substance and perhaps an offer of a buyout. Could some one be quietly accumulating already? Of course, better now than later.
Patience please.