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

To: Elizabeth Andrews who wrote (819)	2/11/1999 12:38:00 PM
From: Brumell	Respond to of 5821

I guess it depends upon what you mean by promotion, Elizabeth. In the case of Nuinsco, I don't think you'll see them appearing in the paid newsletters or other promotional vehicles. They certainly will promote themselves when necessary to brokerage circles but that's part of the business. While some companies are basically nothing but promotion, past performance would indicate this is not the case with NWI. Apparently many people can't grasp that there is a certain type of individual who truly loves mine exploration. They aren't production types nor are they sales and marketing types. They are people who truly love the study, science, risk and potential rewards involved. Some like spending most of their time in the bush. Others may have a more academic side. The best ones are those with the right combination of business and technical savvy to keep a company going. From what I saw yesterday, I'd say Doug Hume would fit squarely in the category. If you think it was a slick presentation, you would be wrong. In my case, I came out less confident than when I went in. Had to think about it last night and this morning. Hate to admit it but I guess like everyone else, I'm used to the razzle-dazzle. It wasn't there. What we got was a clear outline of where they are to date and their future plans. Having thought about it, I've decided to stick. Normally I would tend to trade around and improve a position. FWIW, with this stock, I don't think it's worth the effort. As they say in poker, draw and hold, or else fold. Regards, Bob