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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: SwampDogg who wrote (2250)3/23/1999 1:06:00 PM
From: Brumell   of 5821
 
No I don't think there has been a leak. I haven't seen disproportionate trading from any one house that would indicate a leak or special information known only to a few.

There may have been a problem with mixed signals coming from I.R., however. I know I've gotten them and reading this thread, it's obvious others have too. I can guess at several reasons for this but none are sinister and in any case pure conjecture on my part.

About 2 weeks ago, the company said they would follow the new protocol outlined by the TSE/OSC task force. Then on the last day of PDAC, 2 holes were announced. Many of us came to expect more within days. Apparently we were wrong and the company will be doing as they indicated in their news release - releasing holes in a batch.

If security around drilling can be kept tight, this probably is the best way to go for all shareholders. However, many people doubt security can be kept and consequently, we get suspicion, fear and panic like we saw yesterday.

Regards,

Bob
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