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

To: 4TNiner who wrote (1987)	3/20/1999 9:51:00 AM
From: mineman	Read Replies (1) \| Respond to of 5821

Magnetics, IP, and drilling to date indicate the sulphides are restricted to the 100 metre-wide east-plunging gabbroic plug. The 60 metre thick 1.1% Ni zone would have to extend for 600 metres along strike to the east giving it about 8 million tons before an economic open-pit plan could be considered to pre-strip the 66 metres of overlying rock. If the zone plunges as indicated it would soon be below open-pittable depth! The 2.3 m thick 9% nickel horizon would have to extend for over a kilometer along strike to justify development of an underground high-cost room-and-pillar operation. Now it depends on whether the sulphides increase in thickness or grade to the east, for at the present indicated grades, thicknesses, and depths both surface and underground mining scenarios are uneconomic!

To: 4TNiner who wrote (1987)	3/20/1999 9:56:00 AM
From: Just G	Read Replies (1) \| Respond to of 5821

You will never hear any news as far as the market goes up and down, which is anyones guess. Yes, I do agree with you, three big drills, and building of a road, and a ten million dollar, it is legit, as have dealt with nwi before, great people and their Rainy River project should say it all, I too took advantage of the price of this stock yesterday too, as all indications of geology are good, and why are different juniors staking flood rights? Just my opinion, but not afraid of this one at all Regards gopher

To: 4TNiner who wrote (1987)	3/20/1999 10:15:00 AM
From: mineman	Read Replies (1) \| Respond to of 5821

Magnetics, IP, and drilling to date indicate the sulphides are restricted to the 100 metre-wide east-plunging gabbroic plug. The 60 metre thick 1.1% Ni zone would have to extend for 600 metres along strike to the east giving it about 8 million tons before an economic open-pit plan could be considered to pre-strip the 66 metres of overlying rock. If the zone plunges as indicated it would soon be below open-pittable depth! The 2.3 m thick 9% nickel horizon would have to extend for over a kilometer along strike to the east to justify development of an underground high-cost room-and-pillar operation. Although the east extensions are untested it appears that if the present grades and thicknesses do not continue for up to a kilometre to the east, or if the grades and thicknesses do not increase without the plunge continuing to the east, that both the open-pit and underground mining scenarios are uneconomic!

To: 4TNiner who wrote (1987)	3/20/1999 3:56:00 PM
From: Buckey	Respond to of 5821

My comments before reading the next 35 posts 1) Why is the stock dropping in value if the last two holes released were good to very good in nature, Over bought before on those expecting really big things - we got a $120MM market cap so it is not a cheap stock anymore 2) as a group we believe security has been air tight (or don't we) so no news is escaping, and Bullshit - never been done - never will - the market always knows - if we see another sell off - it is bad news 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). The first round of results allowed them to get $10MM in financing so they will use the money to drill - that is waht they do - they got the money so they will spend here - Yes - good chances 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? It will take very little to get it going again