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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Buckey who wrote (116)1/21/1999 9:23:00 PM
From: Tom Cat  Read Replies (2) of 5821
 
Buckey,
This is not (too much) of a hype company. Most of the followers are in Toronto, I see the price all over the map, settling back at 1.5 or so until more results are announced, problem is they will have to get financing first before the exploration continues.....
There are over 40 milll , a lot of paper waiting for good prices before they exit.....It will take a lot before it breaks 3. ....two risks at this point: PGE results may be low ...and the top of the whole most likely will be low grade (otherwise they would've published them already).....also, it looks very suspicious the sequence of the news....yesterday they post that they completed the hole....and today they have the results??..(never seen a lab that fast that can turn results over night)..it seems that the insiders got the best milleage in this latest result....otherwise, they should've allowed people to buy this morning before halting the stock.....

In summary, I like the results, but I don;t like the way that they published.....something is not kosher here...
T.C.
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