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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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To: Ice Pick who wrote (33)10/8/1997 7:27:00 PM
From: Graystone   of 773
 
That's a point Dan. This is part of the GNU/HXG camp, no doubt about it. This stock, like most junior stocks, isn't worth a plugged nickel, it is pure Speculation (Capital S). What is true is the fact that massive Ni-Cu-Co deposits exist in Labrador. Somebody is going to find another one. Any potential mineralized zone which indicates even the possibility of a deposit is going to push the price of a junior stock to the sky. In this case a fairly reliable operator (Teck) has indicated a mineralized zone of 23m (157 - 180) and has reported some stringers indicating the correct type of mineralization is present. DRZ has no relation to GNU/HXG at all and the stock has had an excellent price increase.
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