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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (16668)	7/20/2006 4:13:49 PM
From: onepath	Read Replies (2) \| Respond to of 78408

NWI Should be included in the nickel list. News seems good and a nice chart.lol Some of these co's are no longer followed for past sin's and this might be one.That very few know of it as a potential nickel supplier is also positive. UC has to be the stock of the day. Also keep an eye on EXM for mexican silver.

To: koan who wrote (16668)	7/20/2006 6:28:03 PM
From: E. Charters	Respond to of 78408

I think they sold the RR deposit to RR for 7 million. Cash. More or less. NWI has more things going on than a three armed paper hanger. Uranium copper gold, unameit. Quebec to NWT. TORONTO, June 29 - Nuinsco Resources Limited (TSX: NWI) announces today the closure of the sale of its Rainy River property to Rainy River Resources (TSX-V:RR), in what is anticipated by each company to be a mutually profitable arrangement. The sale agreement replaces the letter agreement between Nuinsco and 608457 B.C. Ltd. respecting the purchase and sale of the Rainy River property, which agreement was assigned by 608457 B.C. Ltd. to Collingwood Capital Corp. and subsequently to Rainy River Resources. Nuinsco will receive total cash payments of $2.5 million in addition to a bonus of $2.5 million on commencement of commercial production or direct shipment of ore from the property. $750,000 of the cash payments to date has been paid by 608457 B.C. Ltd., with Rainy River Resources to deliver the $1.75 million balance in seven equal quarterly installments of $250,000 each. Rainy River Resources will also pay Nuinsco a quarterly royalty of $1.00 per ton of ore produced from the property, subject to an annual Consumer Price Index adjustment, and will issue to Nuinsco on closing a total of 2,197,380 common shares of Rainy River Resources. On June 27, 2005, Rainy River Resources closed at $0.80 Cdn. EC<:-}