To: Rise who wrote (662 ) 2/7/1999 7:13:00 PM From: Brumell Read Replies (1) | Respond to of 5821
Rise, I don't know the slightest thing about TIE. Regarding NWI, the following can be anticipated from info reported to date. Firstly, their road access to site must be completed. That may take another week or so. Meanwhile, they are doing downhole geophysics which may help outline targets. Then their financing must close - that's slated for this coming Thursday. Once road access is open, company plans to establish a camp and move in 2 heavier drills. Once drilling begins, things should start to happen fast. Rumors will fly and the stock will be volatile. It's base metal sulphides and visual so there'll be rumors supposedly from drillers (someone called home), the helicopter pilot (overheard talking with a waitress), the assay office (somone drinking after work) and on it goes. Some may be accurate, most will not and in any case, you or I can't tell the difference. You'll hear such rumors up north but doubt if they'll get posted here. They'll be making the stock move, though. This coming week I think you can expect to see some area maps showing who has ground. Some companies will claim to have key ground "on trend" or perhaps covering existing showings or anamolies. This is all pretty standard procedure and basically bogus. If NWI hits, they'll go up a bit, then fade. If NWI fails, they'll be gone too. If you want to participate in this play, IMO you'll do best with NWI. One or two good holes will really move NWI up. Similarly, a couple of poor holes will drop it. Whatever happens, remember that the real story will require many holes and apparently NWI is preparing to drill them. FWIW I think NWI are probably moving as fast as they can now. They likely want to complete as much drilling as possible while ground frozen. Hope this helps, Rise. It's just one man's opinion. Good Luck to all. B....