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


To: Jimsy who wrote (2149)3/22/1999 9:31:00 PM
From: Buckey  Read Replies (1) | Respond to of 5821
 
Jimsy - They have lots of the area staked - Most of the 75 companies stakeed dog dirt and the market knows that because most of them did not even budge



To: Jimsy who wrote (2149)3/22/1999 9:37:00 PM
From: Brumell  Respond to of 5821
 
It's the geology, Jimsy. They probably got everything worthwhile.

Bob



To: Jimsy who wrote (2149)3/22/1999 10:12:00 PM
From: Tom Cat  Respond to of 5821
 
Jimsy,
They did stake about 10 times more than what they originally had, the exploration started last year and they were still looking for the big kahuna, when they found it, it was too late, there was a leak, and they were forced to put the NR that started all the staking around...
TC



To: Jimsy who wrote (2149)3/22/1999 10:17:00 PM
From: mineman  Respond to of 5821
 
Nuinsco had staked all the mag highs that they felt reflected other ultramafic bodies to the south-southwest and north of the discovery within the gneissic terrain.

They were not interested in staking to the north and west beyond the adjacent area which they applied for with Hydro Quebec through Exploration Services in Rouyn. Noranda applied and received approval to stake hundreds of claims north-west of Lac Rocher.