Nuinsco Resources (NWI) Message Board

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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Tom Cat who wrote (1973)	3/19/1999 2:42:00 PM
From: Gary Nash	Read Replies (1) of 5821

TC: Obviously NWI was under pressure to confirm the deposit was not a one hole wonder as many were touting a week ago. So they put out the first two holes to squash that rumor. Now people are surmising the deposit is a "100m wonder" meaning too small and the next results must be bad because they should have been released today. What a bunch of crap. So I expect them to take a little more time and release 3 or 4 holes together. Then and only then can one say something intelligent about how the deposit is BEGINNING to stack up in economic terms. As in any mining play, it is often wise to stand aside before the news is out and then try to buy if it is "good"; of course that has an opportunity cost of having to pay more. So one has to decide if it is worth paying more, verses the potential down side risk of hanging on. At this point in time, the downside is far from what you suggest. Heck, its friday which is a sell day to most traders. You should be buying NWI and PRX (I notice you are saying about the same type of comments on PRX as well).

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