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: donkeyman who wrote (1424)3/11/1999 8:04:00 PM
From: Brumell   of 5821
 
Don't think they ever gave a number.

Understand they signed a contract with Bradley for an initial 15,000 feet of drilling. If I recall that number was in Canaccord's Daily Letter.

The real problem has been communications from company. If people had known in advance when drilling would start, how and when results would be released, the efforts made for security, and NWI's adherence to the new protocols as set out by the TSE/OSC Mining Standards Task Force, I don't think we would have seen today's panic sell-off.

It's unfortunate and unnecessary although I suspect a few people got hurt. It's OK to win or lose on drill results but it's sad to see panic losses.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext