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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: DonH who wrote (4166)	5/6/1999 5:28:00 PM
From: 4TNiner	Read Replies (3) of 5821

Understand that NWI brought all there people out of the site last day or so. NWI and Falconbridge looking at feasibility of mining 3-4million tonnes ore from glory hole area and shipping to a local Falcon concentrator which is under utilized. Fast math suggests that if this flies the value of ore is in the 120 - 150mil range given a market cap in the $1.50 area. Nothing will happen other than aviation related testing and we should be back drilling in 3-4 weeks.

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