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


To: Tom Cat who wrote (2022)3/20/1999 7:38:00 PM
From: Enigma  Read Replies (1) | Respond to of 5821
 
How do you know that NWI requested the halt? It was probably the TSE - knowing the stock was so hot and allowing time for the orders for buying and selling to be sorted out. dd



To: Tom Cat who wrote (2022)3/20/1999 8:02:00 PM
From: Salt'n'Peppa  Respond to of 5821
 
TC, off topic, but answering your PRX post.

The rumour of a possible takeover is dead, I think. The stock rose because it was rumoured that PRX would sell their gas facility for top dollar, allowing them to set their books straight. The rumour now is that the deal fell through, making them still unable to pay their bills. Be careful, as they may go the way of Canadian Fracmaster.
I hope I am wrong, but I got out on Friday.

Apologies for being off-topic.

Sincerely,
Rick.



To: Tom Cat who wrote (2022)3/20/1999 8:58:00 PM
From: matt  Read Replies (1) | Respond to of 5821
 
TC you speak of SE
I was told 99-5 and 99-6 are 50 m south
and 50 m west .They do not appear to be going
southeast yet .99-7 and 99-8 same direction
as 5&6 . Do you still think they should be drilling
SE. What is your reasoning based on ? I cannot keep
up to old posts as there are too many. Thanks.



To: Tom Cat who wrote (2022)3/21/1999 10:26:00 AM
From: Gary Nash  Read Replies (1) | Respond to of 5821
 
Tom on 4 paws: It is easy to understand why the previous hole was deepened if you understand the management. Doug Hume is a very methodical unpromotional man. He is not concerned about the stock price at this point; he has the money and knows that the results over time will speak for themselves. Look at it this way; if the property was all yours, wouldn't you re-drill an old hole if the down hole EM starts ringing above? Wouldn't you hire a management team that is methodical and "plugs along" from hole to hole rather than drilling everywhere with wildcat (excuse the pun) holes? What a potential waste of money! Must only be reasonably patient here because he is really going after this play, with 2-3 rigs turning. Won't take long to understand the potential; 2 more weeks of drilling.(PS PRX could be a nice trade this week as long as ~.70 stock holds). Glad to see you're back into NWI-don't think it will disappoint us but we will know soon. There are very FEW plays that I will stick my neck out on, but this is one of them; been in hundreds of mining plays (hell maybe thousands) and few of them have the potential as we have here. Critical next few holes.