Eric,
I am not sure of the crowd that follows Bishop these days, but FWIW, here is the latest on his take on NWI
Bishop says buy Nuinsco for the long term
Nuinsco Resources Limited NWI
Shares issued 40,440,366 Mar 5 close $2.94
Mon 8 Mar 99 In the News
Robert Bishop, writing in the Feb. 23, 1999 issue of Gold Mining Stock
Report, says Nuinsco Resources is a buy at $2.33. While many investors will
view Nuinsco's price as too high for a speculative stock, Mr. Bishop
disagrees. He says another way to look at the company is that it now
possesses a significant, early stage discovery at Lac Rocher, Quebec, and
that further exploration will probably only enhance the massive sulphide
deposit. Independent geological experts who have spoken with Mr. Bishop say
they like what they see, he says. Further, the letter writer contends
Nuinsco is managed by an experienced group of mining professionals with
long-standing ties to the Toronto mining community. He says Nuinsco should
be bought for more than a quick flip, adding that Lac Rocher holds the
potential to be a major discovery, possibly on par with Voisey's Bay; the
quickly developing area play at Lac Rocher is evidence of this. "Buy
Nuinsco," he says. "This type of discovery is the rationale for the
ownership of junior mining stocks."
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