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

To: Enigma who wrote (679)	2/7/1999 10:34:00 PM
From: Rocket Red	Respond to of 5821

Got It.

To: Enigma who wrote (679)	2/7/1999 11:01:00 PM
From: Brumell	Read Replies (1) \| Respond to of 5821

I don't dispute your thinking about "3 kicks at the can." Companies with several ventures on the go are usually safer than one venture outfits. What Red is saying and I agree with him, is that if you really want to play the NWI Lac Rocher project, the best play is with them and not a camp follower. There's no doubt that NWI is risky. If they fail, they'll probably fall more on a percentage basis than camp followers BUT, if they win, they'll appreciate much more. Point is, we are heading into very risky business. If you're up to the risk, choose the company which offers the best reward. No sense watering good whiskey. If the risk is too high, find some other plays. They are certainly out there. Take a look at Atna ATN which is about to start drilling in Dominican Republic on a promising property. They have money, a good team, some good properties and the downside is small ....cash in bank equals present market cap. There are others but right now we are talking the NWI play. FWIW, I think NWI is the best vehicle for it. I just wish it would drop more before drilling so I can buy a cheaper position. B....