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


To: Buckey who wrote (1985)3/20/1999 9:05:00 AM
From: mineman  Respond to of 5821
 
The mineralized horizon appear to be generally flat lying, and the reason hole 4 (9%/2.3m within 1.1%/62 m) appears to cut the mineralized horizon above hole 1 (11%/3.2 m within 1.7%/62 m) is that hole 1 curved from it's starting 45 degree angle towards surface during drilling.



To: Buckey who wrote (1985)3/20/1999 9:20:00 AM
From: 4TNiner  Read Replies (4) | Respond to of 5821
 
Would you care to comment on the following thought.1) Why is the stock dropping in value if the last two holes released were good to very good in nature, 2) as a group we believe security has been air tight (or don't we) so no news is escaping, and 3) NWI is spending a ton to explore and would not likely do so if the chances a finding something were slim to nil, (any insider trading). Is the dew off the rose until new rumors begin churning, are the pros P&D'ing until concrete news drives this thing one way or another? Would appreciate thoughts on this. Personally, I hanging with this one but the dynamic surrounding it is bloody fascinating and is a story in its self.



To: Buckey who wrote (1985)3/20/1999 9:26:00 AM
From: mineman  Respond to of 5821
 
Magnetics and IP show the gabbro plug plunges east. At hole 4 the gabbro-gniess interface is at 143 metres depth and 150 metres north the same gabbro-gneiss interface (with no sulphides) is at 73 metres depth (shown by holes 99-4 and 99-2).

So the sulphide horizon most likely does not extend up-slope to the north, but rather to the east or the southeast.

Does anyone know the locations of the holes that will be released next week, and where they are drilling now??



To: Buckey who wrote (1985)3/20/1999 11:06:00 AM
From: G.T.  Read Replies (1) | Respond to of 5821
 
Traders Game
This play is for traders with any news or rumor being put into the stock right away. Many people believe the surface expression is to small, they could be right. With the way the system dips to the south west the high grade contact acts like a lighting rod giving it's strongest pulse to the west of the anomaly. The lower grade Ni
shows up as a weakening anomaly to the north east. The key to the system is at depth to the south west.
This would be mined by underground methods, but more than the high grade contact would be mined. You would at the very least mine the high grade halo and the contact, eg the 37m that averaged 2.47% Ni. The value of this intersection is over $100.00 U.S. to the tonne with underground bulk mining costs of $30.00 U.S. per tonne at most.