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

To: Rocket Red who wrote (386)	1/25/1999 9:47:00 PM
From: Enigma	Read Replies (1) \| Respond to of 5821

Red - the trouble with blanket statements is that they don't cover individual situations eg some juniors do have cash, and one can't assume anything here - about NWI's staking even - sometimes companies are careless and don't keep their eye on the ball - soon no doubt someone will come out with an area map and we'll see who owns what. I'm not sure what you mean about a fund dumping juniors? - it must happen all the time - just as some buy juniors - what goes around comes around - c'est la vie, n'est pas? dd

To: Rocket Red who wrote (386)	1/25/1999 9:52:00 PM
From: BLZBub	Read Replies (1) \| Respond to of 5821

Just for fun... That analyst guy said that NWI would: 1) go to $5 if the next hole hits; 2) go to $1 if the next hole misses; Charters said that there's a 50% chance that the next 3-4 holes would hit, lets be conservative and say: 3) 50% chance the next hole will hit If you were to buy 1000 shares now at $2.30 ($2300), you have: a) a 50% chance to lose $1300 ([$2.30 - $1]x1000) b) a 50% chance to win $2700 ([$5 - $2.30]x1000) Therefore your expected net payout is: $2700 - $1300 = $1400. Gentlemen, place your bets...