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

To: mineman who wrote (2126)	3/22/1999 7:51:00 PM
From: 4TNiner	Read Replies (1) \| Respond to of 5821

Mineman, half of nothing still equals nothing. What has been found according to all who write here does not add up to a hill of beans given the cost to get it out of the ground and to market. The share price at this point reflects a consideration of future and not present earning potential. If you remember last week I asked NWI thread heads to offer break even points for tonnage. We are not there yet so this thing is worth squat. At $3.00 a share, 50MIL shares you have a market cap of 150 for, at this point, squat.At $2.00 a share, 50mil shares you have amarket cap of $100mil for, at this point, squat. Right now I am paying to be in on the ground floor and as they say your paid two ways, first in experience and then in cash. You got to have faith and right now our faith is being tested.

To: mineman who wrote (2126)	3/22/1999 8:03:00 PM
From: G.T.	Read Replies (1) \| Respond to of 5821

Good point mineman The pros who believe the tonnage and grade will prove up a mine and the cons who believe the system will be to small for a mine. When 2.4 million shares trade and the stock blows through support around the $2.00 level something is amiss. We all know info was leaked from first drill holes. Geologically I like the companies chances, now waiting with 1/2 the shares I had. If trading has told me anything and it has, when all hell breaks loose to the downside, get out. With the millions of shares recently traded from the $3.50 to $2.50 area it will indeed take very good news to now to get back to this level and move higher. If the results are like the discovery hole I will have no problem adding to my position but if they are like the last set or lower put a knife in this puppy until another target proves up. Just my two cents worth.