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

To: 4TNiner who wrote (2008)3/20/1999 1:30:00 PM
From: Gary Nash  Read Replies (1) | Respond to of 5821
 
4TNiner: If we use $70US as a net value of the ore times the tonnage 100x50x300x2.8 divided by 50Milliion shares outstanding(to allow for some dilution) we get $3.03 CDN (I further divided by three to factor in very low perception of juniors now). As the deposit grows, the stock will rocket! People don't see the potential in this play.



To: 4TNiner who wrote (2008)3/21/1999 10:40:00 AM
From: mineman  Respond to of 5821
 
Gary in your calculations you should factor in that the 1.1% nickel zone starts at 66 m depth and appears to be plunging which means the strip-ratio may increase substantially for future economic projections!!


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