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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Buckey who wrote (1985)3/20/1999 11:06:00 AM
From: G.T.  Read Replies (1) of 5821
 
Traders Game
This play is for traders with any news or rumor being put into the stock right away. Many people believe the surface expression is to small, they could be right. With the way the system dips to the south west the high grade contact acts like a lighting rod giving it's strongest pulse to the west of the anomaly. The lower grade Ni
shows up as a weakening anomaly to the north east. The key to the system is at depth to the south west.
This would be mined by underground methods, but more than the high grade contact would be mined. You would at the very least mine the high grade halo and the contact, eg the 37m that averaged 2.47% Ni. The value of this intersection is over $100.00 U.S. to the tonne with underground bulk mining costs of $30.00 U.S. per tonne at most.

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