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

To: E. Charters who wrote (2072)	3/22/1999 12:27:00 PM
From: Tom Cat	Read Replies (3) \| Respond to of 5821

Eric, Your best post I've ever seen, and the market still heading south, finally got my real time working, NWI just fell under 2.00, here we are unprotected for an avalanche of stop loss being triggered, last trade I see 1.91, Does anyone heard of any bad news that may be triggering this??? TC

To: E. Charters who wrote (2072)	3/22/1999 5:52:00 PM
From: mineman	Read Replies (1) \| Respond to of 5821

E.Charters, the amount of nickel sulphides that a narrow gabbro plug or body has in it's internal system is a factor in that a small 120 metre wide plug like NWI's that contains no more than 1%/60 (including 8%/2.3 m) is not going to change in tenure appreciably along strike or at depth because the differentiating melt has not had sufficient sulphides to precipitate out more than this at it's base as one proceeds along strike. If however the melt had been 1,000 metres rather than 120 metres thick there would have been a strong possibility that a larger sulphide body had accummulated at the base in a local depression or slump into the underlying gneisses. A surface exposure of a sulphide-rich intrusion is exciting until the evidence about the actual thickness and potential become evident.