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


To: E. Charters who wrote (1119)3/3/1999 8:01:00 AM
From: reg  Read Replies (1) | Respond to of 5821
 
So you are saying go short!!!!!!!!!!!!!



To: E. Charters who wrote (1119)3/3/1999 9:11:00 AM
From: Just G  Read Replies (2) | Respond to of 5821
 
Greg:
I believe they are using PEM (pulse electro magnetic, Crone's equipment) as opposed to TDEM (time domain electro magnetics, geonics equipment), I think that this is what you meant, but I agree neither one can outline a massive deposit, correct?

Gopherbroke



To: E. Charters who wrote (1119)3/3/1999 9:18:00 AM
From: donkeyman  Respond to of 5821
 
Charters,--Are you saying they should have used that drill rig for another few day's to drill 1 or 2 more holes, before going ahead building a very expensive 27 km. road to nowhere? That's the same old drill rig that pulled up that fantastic nickel core. Plus look at all the cost to those other 40 or 50 Canadian mining companies rushing into the area, all trying to get close to that spectacular hole.!!Somebody got big confidence in the one (1) core, the best Nickel core since Diamond Fields..!!!!--It will be great if there is lots more cores like it, they are very hard to come by when on the Nickel hunt. How many 1000's of holes have been drilled between that one strike by NWI and the 1st. Voisey Bay strike.??



To: E. Charters who wrote (1119)3/3/1999 10:17:00 AM
From: Tom Cat  Read Replies (2) | Respond to of 5821
 
Eric,
I know nothing about TDEMs or crystallization signatures, but I just follow the money trail as an investor, 50 companies investing an average of $300K per Co. gives you a wooping 15Million invested by someone that I am hopping also knows something about Geology (before taking the risk)....and don't forget that that bunch includes Falconbridge too.
You may prove to be right at the end, this may end up being a flash in the pan, I personally think that there is not enough information to conclude either way. One more food for thought, I've been with NWI for 3 years +, and I regard them to be promotional like anyone in the business, but not stupid, they have good Geos and if they spotted what you just concluded in your post, they would never get into this biding situation where their reputation (as a geo) could be tarnished, they would've been just happy with a run to 2.00 and dump without glory or sorrow.
By the way, it seems that many Diamond experts did not agree with our assessment on WSP, too early yet, but so far, WSP is still puffing ahead....
Eric, you need to get out and have some fun man, you've been dealing too long with the rocks.
TC