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

To: Flea who wrote (338)	1/25/1999 2:18:00 PM
From: Buckey	Read Replies (2) \| Respond to of 5821

ALL THAT NEWS WAS OUT BEFORE THE OPEN OF$2.50. to the best of my knowledge there has been nothing since except the warrnt listing. The assays were included in the rights plan NR first thing this a.m. 4 hours before the market opened

To: Flea who wrote (338)	1/26/1999 10:31:00 PM
From: Jerry Dibble, Sr.	Read Replies (2) \| Respond to of 5821

NOT AN AREA PLAY YET? Why would I want to have a position in a company that is staking claims in Lac Rocher where NWI has reported the drill hole? Very good questions. First, an area play is underway as no less than Falconbridge has been conducting air surveys and six helicopters have been dropping crews and supplies for four days. Map companies are working overtime to update the area maps with claim holders. Call them. Today, I called NVE six times and was on hold before they told me they were busy with calls from other companies asking to JV the claims that NVE has already staked. Anyway, an area play is happening. So why own this stock? Because the upside is excellent, and it is a less expensive stock with little downside. Also, because NovaWest, knows this area of Quebec. They will get claims based on their experience as they go for QUALITY and not for cow pasture. Before it is over with, I expect they will have will have the most claims and have got in on the most prospective claims. This spells little downside even after the stock climbs on the area play news. There are GOOD area play stocks and there are pure spec area play stocks. NVE already has good projects. They will add more good properties in Lac Rocher and the company has a geologist who knows this area. I also like the experienced management and the overall prospects for NovaWest. Best regards, Jerry