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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Buckey who wrote (1056)2/25/1999 11:34:00 PM
From: Brumell  Read Replies (1) of 5821
 
1st mate is right about the rumors. They really are starting to fly. The brokers and bartenders are at it as usual. Already I've heard about secret drill holes with spectacular results - that would be from the bulls I guess. Then there's the bears, trying to cover or make money on shorts - "nothing there" they say. All this and we haven't even started drilling. Imagine next week. I'll be surprised if we don't have an Elvis sighting before this is over - possibly seen flying a copter. Oh boy!

Meanwhile the company beavers away doing just what they said they would do and running just about on schedule. Check the notes posted from their Toronto meeting. They are building road access to establish a camp. They'll need sleeping quarters for possibly 20 or more people. Then they have to be fed. Might be nice to have a core shack too if 2 or 3 rigs are working. They'll probably want a little office area too for maps and layouts. Naturally this will all have to be heated as it does get chilly in the Abitibi at this time of year -40C being likely and common. They can also expect one or two more winter storms before spring arrives. Some people can't see why doing all this takes time. Possibly they've never seen or done anything like it.

FWIW if you have a small stake in this like myself, best thing is to relax. Nothing has changed. In another week or so we'll start to see results. I think they'll be good but then, that's just one guy's opinion.

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