Nuinsco Resources (NWI) Message Board

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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: DonH who wrote (4121)	5/3/1999 5:28:00 PM
From: Jim Rideout	Read Replies (1) of 5821

I take comfort in the fact that the stock has stabalized at a decent level after a not-so-great release. Let's face it the day traders are not the ones who control the stock, it's the brokerage houses. These houses usually have relationships with analyst who specialize in various markets and can best interpret drill results. I believe the people who truely understand the geology associated with mining saw something in this last release that was promising. It may not have been the news we had hoped for but the signs are there for a potential find. I have been in a few junior mining stocks. Lost on many of them because I hung in for the count. The shorters really piss me off but in the end they were the ones walking away with the bucks. Once again I am in for count, this time on NWI. But I feel more confident about this one. I have seen other stocks release better results and crash much further than NWI did. Even when those other companies still had an active drill program. Remember they had a great hole earlier on. We all realize that one hole doesn't make a mine. But where there is smoke there is fire!!! I think we will all be smiling by the third week in May.

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