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 : Nuinsco Resources (NWI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DonH who wrote (4158)5/6/1999 3:38:00 PM
From: Brumell  Read Replies (2) of 5821
 
As gopherbroke indicates, I'm also sure they can continue. I know their plans several months ago were to bring in extra fuel and supplies while the road was frozen to carry them through the thaw. Things may have changed somewhat because of results but I doubt it at this point.

My guess would be there is a lot of heavy thinking going on at NWI. They have results from over thirty holes plus a recent helicopter-borne survey to ponder and attempt to understand the overall geology. I'm sure they have lots of targets but the question will be which ones to go for.

Meanwhile the stock has held up surprisingly well today despite Dumont's results. I guess people appreciate the unique situation. With NWI we have a company with a few bucks and drills on site prepared to drill any good target. Usually it's the opposite with a good target to test but no one has the money or drills. Anything could happen.

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