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

To: LABMAN who wrote (1002)	2/22/1999 10:51:00 PM
From: Brumell	Respond to of 5821

They really didn't have too much new to say, Labman. The following is from the Inside Reporter: NWI keeps moving up in advance of the resumption of drilling on their Lac Rocher property in Quebec, hitting a new 52-week high of $2.90 today before closing up slightly at $2.71 on 1.1 million shares traded. We have to admit we did not think the stock would survive the drilling hiatus this well, but with the entire area now the focus of a new area play, the anticipation has been kept at a high level. Given the parallels being drawn between NWI's find and the Voiseys Bay discovery of Diamond Fields, another hit early in the next round of drilling should lead to a considerable upside swing. This is certainly not a play for the faint of heart, however, as the downside could be equally swift, but either way, there will surely be lots more news coming from NWI this spring.