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

To: SwampDogg who wrote (1689)	3/16/1999 7:24:00 PM
From: Buckey	Read Replies (2) \| Respond to of 5821

I expect if not halt then continued craziness - the pros could start a selloff on open and shake out a bunch of cheap shares or it could just gap up - who knows except that it will be at least a 50 cents swing from low to high

To: SwampDogg who wrote (1689)	3/16/1999 8:20:00 PM
From: Brumell	Read Replies (1) \| Respond to of 5821

The best thing we can do is relax. Let's take a look at the big picture. NWI has been steadily climbing upward for the past several weeks. Think back just two weeks ago. We would have been happy with today's closing price. Since then we've had Thursday's little panic, with a 2 day rally that hit new highs and today's close which really isn't too bad. A lot of people were selling but an equal number were buying. The biggest selling house today was First Marathon but lets consider their clientel. Many were in on the PP buying at $2.00 a share. Yes there is a hold period but nothing says they can't short the market. If I was holding their shares I'd short a portion too and lock in some profit. Just common sense. There are many others who saw the Cartaway fiasco or the Donner letdown. They've been expecting the samething with NWI so they act accordingly and sell with news imminent. Can't blame them especially if they have a profit. Then too there are the others who see selling or who have stop loss orders in and away we go for a little sell-off. With volume exceeding 2 million and a good rally from lows, I think we did very well today considering D-day may be tomorrow morning. Normally at this stage of the game, I would have sold by now. What has kept me in this time is the people involved with NWI. I made a personal judgement about them several weeks ago and have seen nothing to change it. They have and will do as they indicated. They won't be dumping all their shares or going short themselves. They have a good property with good prospects and a 30 year record of honest exploration. May sound corny but to me it all adds up to a good bet. Lastly, consider how other companies have acted. Over 50 have acquired close-in ground at considerable cost. They are betting NWI may be on to something. I've never seen such staking at this early a stage as we've seen around NWI. We can question the motives of some close-in stakers but the fact remains they all think it looks promising. Why shouldn't I? FWIW I've always thought letter writing Gurus miss the real point. BUYING is easy - SELLING is the hard part. In this play I decided to hold through to the first round of drill news. It makes things simple. Regards, Bob