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

To: 4TNiner who wrote (2013)	3/20/1999 1:57:00 PM
From: G.T.	Respond to of 5821

ICA position If you use a baseball diamond, you would want to be around the pitchers mound not out in right field in their case. Maybe they will find something, but not related to NWI's targets.

To: 4TNiner who wrote (2013)	3/20/1999 2:26:00 PM
From: G.T.	Respond to of 5821

Remobilization Is like chicken gravy. When you first make it is all uniform, then it cools and hardens. When you reheat it the moisture comes out first and the gravy remains on the bottom. In the case of Ni deposits, Sulfides are present in small amounts in the host rock. When a magmatic event occurs at depth and moves up and contacts the host rock the sulfides react and converge on the contact. If it is remobilization it will only affect a small area and be uneconomic due to the small nature of the intruding body. If on the other hand it is a major intrusion then the deposit would have the tonnage necessary for a mine. NWI has four similar targets indicating something more than one small intrusion is all that happened. I will not get into the debate of whether Ni deposits are formed by contacts or the interaction of ocean volcanoes or both. All I know is when you exclude one model for the sake of another you will miss a lot of economic deposits. Case and point the Still Water Mining complex in Montana. Originally companies were looking for Cu & Ni and when they only found small amounts they gave up because it did not fit the model they were using. Today we know it holds the largest deposit in North America of 26 million oz of Pt & Pd combined. The moral of the story look at all possibilities and listen to what the geology is saying.