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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE) -- Ignore unavailable to you. Want to Upgrade?


To: AKR who wrote (504)7/13/1998 2:30:00 AM
From: Mike Boyd  Respond to of 773
 
This "PLOT" is Starting to Clarify...

Look at this link then tell me where you think this SVB activity is based around. ;)

Message 5162591

Mike



To: AKR who wrote (504)7/13/1998 7:18:00 AM
From: donkeyman  Read Replies (1) | Respond to of 773
 
If a SVB company or any other company drilling for nickel drills through massive sulfites, isn't it compulsory to report it immediately???



To: AKR who wrote (504)7/13/1998 9:07:00 AM
From: 1king  Read Replies (1) | Respond to of 773
 
AKR

Ah yes speculation 101 al la Ziggy. The only person with a batting average less than Michael Jordan. But this post is more reasonable.

DML did put more holes in the that particular sulfide system. Spatially each new hole extended the system but not in the context presented there.

They have assessed the mineralized system with TEM and most likely found out that what you see is what you get. That is what I saw in the old data. The depth of the sulphides was on target, just a bit higher up-dip. They may have found some foot-wall mineralization but I doubt it was very much.

Right now they are taking advice from old Falco and INCO gp's and drilling deepies to probe and check out larger volumes of rock. They may announce new and even deeper units of gabbro?

There is a gag order, for one reason, they don't want runs in either direction and they are under close scrutiny by the VSE. Another halt and forced release in in nobody's interest. The insider accumulation is most likely people trying to buy cheap, because the early run-up put the stock out of their range. This says volumes. Insiders do not think it was worth 2 or 3 dollars but they think is is worth 1 dollar. That says a lot about the inside confidence.

I am sure INCO is watching this play but one intersection does not an orebody make. We are so far away from that level it is not worthy of discussion.

Information must be released in timely fashion. You cannot sit on results so unless they are waiting for assays (typically the only excuse) do not expect lots of sulfides.

FWIW
1King