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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Serge Collins who wrote (528)1/30/1999 2:19:00 PM
From: Claude Cormier   of 5821
 
<<This is excellent news. For Nuinsco to get financing at $2.00 after the stock ran up sharply is indicative of the amount of interest and faith that investors are placing on this play. >>

You are right Serge. Very good deal.

However, this doesn't remove the very high risks behind this play. There no garantee at all that they will discover a deposit large enough to support the current already heavy market capitalization.

BTW, are you watching Excellon ? A lot of rumors on this JV partner with Apex Silver.
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