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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Buckey who wrote (852)2/12/1999 12:43:00 AM
From: Tom Cat  Read Replies (1) of 5821
 
Buckey,
Bingo...now you have pointed a real interesting statistic. I did increase my position at 2.18 when I saw that the market support was real, this is totally unusual. On the subject of the drill date, I still do not understand that the drilling date is that important for some people in this thread, unless you are day trading and jumping from stock to stock, 2 more weeks to wait will probably help the stock as more details on the geology is known and the Adrian Days, Bishops and Leashmans have a chance to give their blessing to the play, simply, the show will not start until all the seats are taken. As far as NWI, they have no incentive to start right away, unless price erodes back to the 2.0 pp exercise level, then FM will step and push up again for the launch day...I probably will be wrong, but if I had to guess, I would anticipate that over the next two weeks, the price will break 3.0 prior the drill date.
Someone asked about F. Puskas, my uncle used to work for INCO and he knows knows very well Frank Puskas reputation in the field. He is a consultant to NWI, back from the Rainy River days. He is supposed to be an authority in Ni exploration, he is a director of NVE and more likely they have chosen their staking with Puskas extensive background on the area rather than staking blindly.
TC
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