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


To: Enigma who wrote (1674)3/16/1999 5:13:00 PM
From: Buckey  Read Replies (1) | Respond to of 5821
 
D - This is too true - If it is only worth 1.50 it is back to .30 just like Donner was. As always the market will know and so will we by the end of the week.



To: Enigma who wrote (1674)3/16/1999 5:30:00 PM
From: Brumell  Read Replies (3) | Respond to of 5821
 
Just got back from PDAC. Missed all the market action but open news from NWI booth at PDAC may explain today's market.

They say 1 - 2 holes are ready for release and results should be out tonight or tomorrow. That news seemed well known on the floor and my guess would be many people with profits decided to reduce pending news. Not a bad idea and probably would have done that myself had I known results were due this soon. Before everyone gets too negative, don't forget there was a lot of buying to equal the selling today and I don't think we have had any leaks. It could also be seen as a positive that they are apparently rushing to release results. Don't think they would do that if results were negative. We'll soon know.

NWI have set up a very large camp. There are 6 or more large double trailers approx. 20 x 45 feet fully equipped with living areas, computerized offices, etc. There was also a surprising amount of equipment on site including a backhoe, etc. In other words, this is not a 2 drill and a shack operation but one which has been built for the long haul. The photos of the layout and arial view of the road had apparently just arrived. There will be a lot of work and drilling done on the property so I think we are all best to take a long haul approach to this one.

Regards,

Bob