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


To: Eric Rojas who wrote (1398)3/11/1999 3:54:00 PM
From: Rick W.  Read Replies (1) | Respond to of 5821
 
Stock going done. Market speaks quickly. down over .40



To: Eric Rojas who wrote (1398)3/11/1999 4:16:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 5821
 
Hey Eric, bet you want to take back that $25,000,000.00 post now.
You have spoiled all the fun.



To: Eric Rojas who wrote (1398)3/11/1999 6:14:00 PM
From: patt  Read Replies (1) | Respond to of 5821
 
March 22; next week? And how are the security guards communicating,with typewriters?



To: Eric Rojas who wrote (1398)3/12/1999 9:14:00 AM
From: Glenn J. Mullan  Read Replies (1) | Respond to of 5821
 
Cell phones don't work at Lac Rocher (at least ours doesn't). Sat-phones are a different beast and I have yet to see real security work half as well as basic loyalty.

Bringing in outside consultants might make the TSE task force happy but is guaranteed to achieve the exact opposite of what was intended.

GJM



To: Eric Rojas who wrote (1398)3/12/1999 12:52:00 PM
From: BLZBub  Read Replies (1) | Respond to of 5821
 
Eric,

I called NWI IR just now to confirm that what you heard was more or less correct:

1. There are 2 drills, which will be used in a "leap frog" scenario. That is, one will be drilling while the other is on stand-by. The info obtained from the first hole (i.e. visual and downhole probing) will determine where the 2nd drill gets set up. While the 2nd drill gets going, the first drill goes on stand-by (I have no idea what is involved to prepare a drill for a move). This system is more efficient and offers a contingency in case a drill breaks down.

2. The first results will be batched and are EXPECTED to be released the week of March 22. The co. does not want to report on visuals because it is an unnecessary risk to their reputation (i.e. what if they are wrong).

Bill