Compiling Nginx on Windows 7 (no replies)

Im experiencing issues with compiling Nginx on Windows 7, every thing goes good until nmake -f objs/Makefile.
I get the following error:

Generating Code...
link -lib -out:pcre.lib -verbose:lib pcre_*.obj
/usr/bin/link: invalid option -- l
Try `/usr/bin/link --help' for more information.
NMAKE : fatal error U1077: 'C:\MinGW\msys\1.0\bin\link.EXE' : return code '0x1'
Stop.
NMAKE : fatal error U1077: '"c:\Program Files (x86)\Microsoft Visual Studio 10.0
\VC\BIN\nmake.exe"' : return code '0x2'
Stop.