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Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?

To: DonH who wrote (5172)	9/1/1999 12:44:00 PM
From: Just G	Read Replies (1) \| Respond to of 5821

Don: Well first the most watched and anticipated part of the release, of course would be the Lac Rocher area. We discussed that a few weeks back that Nwi had picked up multiple targets in this area, which now we know that they have 20 priority targets. Now we spoke about the expensive and rare survey called geo-electric/3D imaging, and they (nwi) have picked up 3 new drilling targets, I should note that this kind of survey take alot of time to process and identify. Now then we see that nwi talks about another target 3 kilometres away from the original discovery hole which is due west, and can assume near the small lake up there. To me, this is very encouraging, as they go on to explain the past anomaly which led them to this area to begin with. So the bottom line is that first nwi wouldn't be returning to the area unless they have proven to themselves that they can't walk away, and this has happened. This again would explain the deep drilling that occurred sometime ago, and we know now this was a test of geology, and has panned out. Now secondly, they talk about the Confederation Lake property, these guy just acquired this, I believe on August 4th and sure didn't take long for them to get rolling. This property is also attractive to me because again, the area is known to host massive sulphides, and that is a welcomed blessing for nickel. They talk about doing an em survey which will determine if there are more of the same type of rock, but deeper, the shallow drilling must have been encouraging enough for the company to pursue this. And keeping in mind that the nwi family has years of experience in this particular form of rock. And again must have too many encouraging preliminary results to go to this next step. Rainy River: Notice that Nwi will be drilling with a larger width size drill bit? It is much wider, and this means it is time to go underground, a big step in this project, actually huge. In conclusion if anyone can find a mine the nwi family can, and although the Red River is in early stages, all the projects to me are well on course, but to me, watch the RR project and of course the Lac Rocher. Any comments? Regards G