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

To: E. Charters who wrote (1283)	3/7/1999 5:24:00 PM
From: donkeyman	Respond to of 5821

Back a ways somebody was saying the Nuinsco share value was a bit too high at Cdn.$3.00/share. Back in April and May of 1998, Donner's share value was also $3.00/share but I'd say NWI's nickel core was at least 10 times the importance of DML's 1.1 meter rich Nickel core or blob, and that wasn't the 1st. DML hole.!!. But what's interesting is Donner's strike was on the Northern Abitibi claim of which they own 50%, plus TECK owned half of Donner if there was a good strike. So here we have Donner with 31 million shares??? owning only 25% of that claim. Yes, NWI got a few more shares than DML, but at least they own 100% of the claim and their core is at least 10 times more valuable. Question: What would you say DML's share value would have been last year in SVB if they would have had NWI's excellent Nickel core, instead of the 1.1 meter Nickel core???

To: E. Charters who wrote (1283)	3/7/1999 6:10:00 PM
From: Midas	Respond to of 5821

Charters: > ... the Horne were gold mines.< The Horne is a VMS deposit that produced 59 million tons of ore grading 2.2% Cu and 0.17 o.p.t. Au. See - Catallani et al. (1988) Ministre de l'Energie et des Resources de Quebec, Mineral Explor. Research Inst. Proj. 82-058, 220p. - MacLean and Hoy (1991) Economic Geology v. 86 p.506-528. - Geology and Economic Minerals of Canada (1970) p.191-193. - numerous other references available with some dating back to 1948 (when geologists knew what they were doing). Midas