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


To: Elizabeth Andrews who wrote (797)2/11/1999 1:49:00 AM
From: Brumell  Read Replies (1) | Respond to of 5821
 
Just a short note, Elizabeth. I've always enjoyed reading your posts but think you may be a little off on this one.

You refer to all the promotion at Nuinsco. I don't think that is an accurate assessment. They are one junior that does virtually no promotion. The road show people are referring to, was to bring their CEO, their Chief Geologist, etc, plus the drill core and related information to the convention centre at the Toronto Stock Exchange. They gave about a 15 minute presentation after which it was open season for questions from the floor. There was some humor but some of the questions were tough. It was a chance to get answers face to face from the people putting their reputations on the line. I wish to hell other companies would act in a similar fashion.

In an earlier post, you mentioned the age of the CEO as 90 and requiring a nap. I didn't ask his age and wouldn't but I very much doubt if he's over 75. Regardless, he carried the entire session to a standing room only crowd and I can assure you, he was effective. If he does have a nap, so what? I do too if I'm not caught.

This play is full of risks. Everyone there was aware of that. The potential, however, is also very real. The cynical crowd knew that if anyone would give it a fair and honest shot, it would be Doug Hume and Nuinsco.

Currently they have a really good sniff of something. The play makes sense. I'm in for a bit and don't think I'll try the usual hijinks of trading around. That's always subject to change without notice or bonus, of course.

Whatever you do, good luck with this one. Enjoyed lurking on an arguement you had with someone on the ARP thread... specific gravity, etc. Give em hell.

Bob



To: Elizabeth Andrews who wrote (797)2/11/1999 2:01:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 5821
 
Best be carefull Elizabeth. It does not take much to make a winter road. They can drag the drills in with a cat if they have to. Once the drills are on site the road only has to be good enough for 4x4s and fuel trucks. They do not have to drill very deep and they will have a very good indication of what they have on the visuals.
I expect that many of the area plays will be looking for a tall tree on a high point where they can watch to see if the drillers do any dancing over the cores as the come out.
People seem very enthusiastic about this one and speculative buying pressure could drive this much higher before it ever goes lower.



To: Elizabeth Andrews who wrote (797)2/11/1999 9:08:00 AM
From: Buckey  Read Replies (1) | Respond to of 5821
 
Thanks Betty. appreciate the staright up. I agree that it is starting to promote a bit. On some level they should - I call it marketing. They are telling the market about what they got to make thems elves look more attractiv.
"Canada and its brokers are desperate for a winner. "
ABSOLUTELY - no question
"There will be one but it will come from a property that isn't so immediately believable. "
please tease me moree