SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Donner Minerals (DML.V)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Supervalue who wrote (10822)3/31/1999 7:18:00 AM
From: wayne cath  Read Replies (1) of 11676
 
NP says Nuinsco sheds 24% as hype turns to zilch

Donner Minerals Ltd DML
Shares issued 31,689,657 Mar 30 close $0.38
Wed 31 Mar 99 In the News
See Nuinsco Resources Limited (NWI) In the News
The National Post reports in its Wednesday, March 31, edition that Nuinsco
Resources' promising nickel play in Northern Quebec delivered disappointing
drill results yesterday. The National Post's Keith Damsell writes that
Goepel McDermid Securities analyst John Kilburn says the Lac Rocher-area
play has been dealt a serious blow by these results. Nuinsco's stock price
dropped 42 cents to $1.32 in heavy trading. Speculation that Nuinsco had
discovered a massive nickel deposit sent its shares climbing to $3.26 last
month. The company's Jan. 21 discovery hole intersected one 3.2-metre
section that graded an impressive 10.8 per cent nickel, the finest nickel
drill results since the Voisey's Bay nickel discovery in 1994. The ensuing
hype prompted more than 50 juniors to snap up exploration rights across the
Lac Rocher region. Majors Falconbridge and Noranda got into the act too,
signing $2-million in Lac Rocher exploration deals with Donner Minerals.
The detailed assay results indicate that success at Lac Rocher might be
elusive.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News