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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Brumell who wrote (1854)3/18/1999 11:31:00 PM
From: E. Charters   of 5821
 
I think you have to drill 100 holes in any deposit and then think about it. Dykes can theoretically come in any which way. They can also be refolded etc., or intrusions can be expressed as sills.

The massive sulphide here is not excessive. But, this is a very rich nickel deposit in places. This is not common, really. 6 per cent nickel over 10 feet is the same as 2 per cent over 30 feet and that is eminently mineable.

But the variegation is throwing the market. Unlike VB, they are watching this kettle for every puff of steam. Totally unfair to an exploration program.

The average massive sulphide deposit wor1dwide is 500,000 tons.

You can bat the positive and negative back and forth until you are ready to scream. I am going to wait for the tenth hole and then I am going to become an expert.

I talked to a professor fellow who went to Pentlandite College in Levasque and he said he was not disappointed in the last hole at all. He seemed to think the variability was all in the basement gneiss according to his theories. I hope he did not form them over too much Formosa at the Range.

I hear there is some gniess borne VMS they are coming up with too. Funny what they will turn up all of a sudden when they are looking for Elephants they find Giraffes.

EC<:-}
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