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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: mineman who wrote (2126)3/22/1999 8:03:00 PM
From: G.T.  Read Replies (1) of 5821
 
Good point mineman
The pros who believe the tonnage and grade will prove up a mine and the cons who believe the system will be to small for a mine.
When 2.4 million shares trade and the stock blows through support around the $2.00 level something is amiss.
We all know info was leaked from first drill holes.
Geologically I like the companies chances, now waiting with 1/2 the shares I had.
If trading has told me anything and it has, when all hell breaks loose to the downside, get out. With the millions of shares recently traded from the $3.50 to $2.50 area it will indeed take very good news to now to get back to this level and move higher. If the results are like the discovery hole I will have no problem adding to my position but if they are like the last set or lower put a knife in this puppy until another target proves up. Just my two cents worth.
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