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

To: Tom Cat who wrote (937)	2/19/1999 12:44:00 AM
From: Rocky510	Respond to of 5821

Good question Tom Cat but it wasn't for the nickel. I think Barrack expects to get both in the end. Right now STT has 8.8 million oz au and probably will prove up much more, maybe 20. Grade is high. Production will start sooner. Costs are low. Climate is better and so is the terrain. ARP may eventually prove to be worth as much or more but in any case we are getting away from the topic at hand. STT would only of had 40% -minus the government's share, of what is at the moment a marginal grade project for the high cost of production. Best way to play this is to go for the one that already has it, ie. the one who has made the discovery, NWI . Hold some for long term. Sell some when she doubles. If one can afford it get some of the proximity plays for leverage. Might be a bit of a problem picking these but the first in usually gets the best ground. Best of luck (caveat emptor), Jimmy P.S. You probably know about this thread: Subject 25930