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

To: Rocket Red who wrote (228)	1/23/1999 9:07:00 PM
From: Brumell	Read Replies (1) \| Respond to of 5821

First things first. I think within the next week or so we'll see the real business begin: raising money. It'll be interesting to see how many shares are issued and who takes them. Possibly a major like Inco or more probably Falconbridge will offer to participate. It will be interesting to see who takes them and how many for how much. Comments anyone? According to their news release, we won't see any further drilling for a month or so until an access road/trail is completed. Sure they have a chance of hitting big. It could just as easily pinch out. Some will remember one good hole from CRN with subsequent failure. Others will remember past good holes that led to many more and eventual production. I wouldn't bet the farm on it but perhaps the toolshed would be appropriate. Hell, through in the outhouse. Good Luck to all. B....

To: Rocket Red who wrote (228)	1/23/1999 9:56:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 5821

Well if I was non committal its because there is no evidence of size here but there is not much evidence of smallness either. I would say they have an even chance of several good holes. A nickel mine? About a 3% chance. Maybe less. You don't have to know much to know that is the best shot they have. What is telling us any different? The number of good holes that flamed out is far larger than the number of mines. Mines might take three or four runs at exploration and deep drilling. Most juniors don't have the money or the luck. mailto:echarter@mineletter.com