Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CJones who wrote (975)	2/21/1999 1:53:00 AM
From: John E.Quinn	Read Replies (1) \| Respond to of 5821

Hi CJ, Nuinsco started drilling the Lac Rocher in March/98 after acquiring original claims from two prospectors ( PR 03/31/98 ).Without having to spend much money results received from early drilling convinced them to stake additional claims.While securing their land position in the area plans were initiated to do a rights offering to raise money for the next stage of drilling (completed 12/16/98 ).So they had 1.1 M when they started drilling in January. Nuinsco had no trouble getting another 10 M committment after announcing the results of the 'discovery hole'. I still believe the drill/s on site should be operating now and could be driven out of the bush after the floats drop off the larger units. Regards : John P.S. Yes,the book sure is a good read.