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


To: donkeyman who wrote (1424)3/11/1999 8:00:00 PM
From: Rocket Red  Read Replies (2) | Respond to of 5821
 
Donkeyman
Looks like some got wind of the first holes as nwi got hit just before the markets closed.If the sell off continues tommorow morning it will be dml all over again????????????????????????.



To: donkeyman who wrote (1424)3/11/1999 8:04:00 PM
From: Brumell  Respond to of 5821
 
Don't think they ever gave a number.

Understand they signed a contract with Bradley for an initial 15,000 feet of drilling. If I recall that number was in Canaccord's Daily Letter.

The real problem has been communications from company. If people had known in advance when drilling would start, how and when results would be released, the efforts made for security, and NWI's adherence to the new protocols as set out by the TSE/OSC Mining Standards Task Force, I don't think we would have seen today's panic sell-off.

It's unfortunate and unnecessary although I suspect a few people got hurt. It's OK to win or lose on drill results but it's sad to see panic losses.

Bob