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


To: chip who wrote (38655)4/20/2007 9:05:54 PM
From: ogi  Respond to of 78409
 
NUS has been sleepy so today's move comes as a surprise for me too!! Hard to say how the exploration could be going. Previous drilling before the co went public had core recovery problems but stunningly good average grades. This round has new submersible drills designed for them. The offshore oil and gas industry has paved the way for deep water exploration, the technology is not really that far fetched at this point.

Furthermore the deposits sit wide open and exposed on the sea floor, when you see a chunk of this stuff it is just pure metal not rock!!!

I was hoping to buy more, should have!! Even sold 1/2 my position in epz the other day to free up cash. Still love epz but they will have a bit of a news vacuum for a bit.

I still say Nus is taken out or becomes a major within 3 years.

Cheers,
Ogi