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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Just G who wrote (4247)5/11/1999 11:51:00 PM
From: Brumell  Read Replies (1) of 5821
 
Noticed your comment about Dumont and would like to attempt a response.

<< could you explain to me, when dni drill results comeback nil, and they are not doing anything at the moment, why is the stock up, and again... >>

In DNI's case, I suspect the main focus of investors is their Raglan property. I expected their price would drop after the release of poor results at Lac Rocher Foreurs property but instead it held and subsequently strengthened. Too bad for me. I already have some DNI but was hoping to buy more, cheaper.

They may not be drilling now but they will be next month. They also have serious money to back their Raglan effort in a limited partnership with a partner who does not sell shares to the public. At this point, I think DNI is an excellent stock but not because of Lac Rocher area. Lac Rocher is only potential gravy but unfortunately pretty weak gravy now.

Bob
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