SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Nuinsco Resources (NWI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E. Charters who wrote (1283)3/7/1999 5:24:00 PM
From: donkeyman   of 5821
 
Back a ways somebody was saying the Nuinsco share value was a bit too high at Cdn.$3.00/share. Back in April and May of 1998, Donner's share value was also $3.00/share but I'd say NWI's nickel core was at least 10 times the importance of DML's 1.1 meter rich Nickel core or blob, and that wasn't the 1st. DML hole.!!. But what's interesting is Donner's strike was on the Northern Abitibi claim of which they own 50%, plus TECK owned half of Donner if there was a good strike. So here we have Donner with 31 million shares??? owning only 25% of that claim. Yes, NWI got a few more shares than DML, but at least they own 100% of the claim and their core is at least 10 times more valuable. Question: What would you say DML's share value would have been last year in SVB if they would have had NWI's excellent Nickel core, instead of the 1.1 meter Nickel core???
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext