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


To: Buckey who wrote (1850)3/17/1999 8:21:00 PM
From: BLZBub  Read Replies (2) | Respond to of 5821
 
Hey Buckey, I talked to NWI IR today and they seemed to be genuinely surprised by the market reaction. There are at least 2 more cores at the lab and there should be more results by next Monday. If I understood it correctly, hole 99-4 was drilled mainly to get a better idea of true width, and for downhole probing purposes. Maybe Sudhir's post (from a couple of days ago) about deepening the discovery hole, was actually referring to hole 99-4 going deeper through the footwall, or the re-drilling of hole 98-8. As has been stated here by others today, some tonnage has now been proven, and NWI is on a methodical approach to deliniate more tonnage. They are cautiously optimistic that they can follow this zone into a very large orebody.