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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: mineman who wrote (1808)	3/17/1999 1:56:00 PM
From: Gary Nash	Read Replies (1) of 5821

Mineman You seem to be coining this deposit as small and uneconomic which is FAR too early to state. First of all, don't discount the 1%-2% weighted average grades over large intercepts; that is a heck of a lot of Ni and could easily involve a combination of a strip/underground mine. Again, it too early to even talk about the type of mine layout, but far too much emphasis has been put on the intersections of the unusually high grade material. The NWI deposit MAY be like the Raglan deposit where several "small" deposits occur together; this seems to be the most likely scenario for speculation. By summer, the drilling will tell us the details we lack now. Lots of excitement ahead.

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