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


To: donkeyman who wrote (1028)2/24/1999 8:48:00 AM
From: LABMAN  Read Replies (1) | Respond to of 5821
 
pre-opening at 2.85, too early yet for an indication where it is going to open.

lm



To: donkeyman who wrote (1028)2/24/1999 9:33:00 AM
From: Midas  Read Replies (1) | Respond to of 5821
 
Donkeyman:

I concur with your question, WHY WOULD THE SMALL DRILL BE BROUGHT IN/REACTIVATED NOW? It makes absolutely no sense! We are a matter of a few days away from completion of the road and the arrival of the bigger rigs. Having committed themselves to one approach, why would Nuinsco now change its mind and bring in/reactivate the small rig using helicopter support. I suspect that the rumor that any drill is turning on the property is exact that - a rumor. Why would such a rumor be circulating at this time? Probably because there are a number of people out there who have stock which must be paid for by month end (tomorrow). Could it be they are trying to maximize their profit before being forced to liquidate positions they can't pay for?

Midas



To: donkeyman who wrote (1028)2/24/1999 10:47:00 AM
From: Just G  Read Replies (1) | Respond to of 5821
 
donkeyman:
The reason for the small drill, easy access, and why wait, it can start producing core. When nwi, wants us to know that they are drilling, they will release it, this is why the strong activity on the market yesterday, Red is 100% correct.
Regards
Gopherbroke