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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Private-Eye who wrote (3569)4/26/1999 1:48:00 AM
From: Alastair  Read Replies (1) of 5821
 
Hey Gang!

1) Good news is never released on fridays!
2) Bad news is always released on fridays!
3) The fact that the stock rose significantly after the news release back in January is a sign that they have or run a tight ship!
4) The fact that IR does not or did not have a true grasp on the timing of the news release is a good sign!
5) The fact that we have or i have not heard a single comment that the management is incompetent is a good sign.
6) The fact of the drills, the locations we have studied, the geology, the depths of the recent holes indicates a positive manner in which they are going through their drilling program
7) The recent initiation of a drilling program on the neighboring companies properties is a good sign
8) 0.70% Ni with associated polymettalic minerals is a nice grade if consistent over a strike length of 400 meters and and width of 200 meters to a depth of 100 meters
9) The majors are watching this very closely from a source i have in Sudbury....
10) Nickel has risen by 21% since the release back in January
11) Nickel inventories has decreased by 10% since the release of January
12) Nickel's commodity price is 3.35 times higher then the price of copper
13) Therefore if we get a nickel intersection of 10 meters of .75% Ni (32.8081 feet of .75% Ni) it is the same as 10 meters of 2.51% Cu.......now that is substantial in my books?
14) So when we get this intersection lets all look for continuity, grade, length of intersections...and remember what Ni is worth, and what companies will be eager to get their hands on this if it pans out to its potential!

Best of luck to all

Alastair
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