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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Terry J. Crebs who wrote (350)	1/25/1999 3:18:00 PM
From: Gary Nash	Read Replies (3) of 5821

Terry: I spoke with IR a few minutes ago and was told that the intersections are thought to be close to the true width. He is talking with the geologist tonight. Pt & Pd interesting. He confirmed that the co. has had offers for financing, but that they have $700,000 left over from present drilling and will not "give the farm away"-would rather have a major involved. Also confirmed that 2-3 larger rigs are being moved into the area by a winter road and drilling is to start in 2-3 weeks. I got the impression they will drill themselves to confirm the area rather than give it away as some seem to suggest.

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