Nuinsco Resources (NWI) Message Board

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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Private-Eye who wrote (41)	3/23/1998 7:18:00 PM
From: Murray Jensen	Read Replies (2) of 5821

I talked to their IR today. Seems like drilling should start next week. The site is only accessible via helicopter, so delays are possible depending on the weather. They have done some surface sampling and have found 0.5% Ni and about 0.66% Cu. Don't quote me on that, just verbal info. There is also a mix of other metals, Co included. This surface sampling was from an outcroping on the side of a hill, I think. Anyways, the way the sulfides trail down, they think that metal content will increase with depth. The activity in stock price the last few weeks is mainly do to the prospectors telling family and friends about the developments (i.e., no news of interest from Rainy River). Finally, the annual report should be coming out in the next week or two. That should help boost things a bit. I am told it is a rather good spin on all NWI has to offer. We will see. All in all, I guess things look quite positive. Murr

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