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

To: Buckey who wrote (2150)	3/22/1999 9:36:00 PM
From: 4TNiner	Respond to of 5821

I have been fooling around with a time line based on when the drills were supposed to have started turning in early march and how many holes would have been drilled between then and now. Experts out there what is the protocol for drilling. Do you drill a hole, send the core out and wait for results or do the drills keep turning. I think we may as a group be able to figure out if there are some phantom unreported holes just by timelining. If the drill started the first week of March, how long would it take to drill a hole to the depth we think they are going, how many holes would get batched together and how long does it take to assay them. We had our first report last wednesdy and that was based on a new hole and a hole extension. did they wait dfor these results before starting again or were the drills turning? that is what we need to discern,

To: Buckey who wrote (2150)	3/22/1999 9:39:00 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 5821

I think that someone already posted the most likely cause of action on the price today. 1) People were expecting news today and positive news today. 2) Many people have accounts where they have three days to settle. 3) Many people were holding the stock in margin accounts where the stock must remain above $3.00 or $2.00 depending on the broker. 4) THere was no news today, good or bad. 5) There may be no news till next week. 6) What to do? Some had to sell. Some choose to sell. Then more had to sell. Some sold because the price was going down. Because the price was going down it triggered stop loss orders and the avalanche. 7) Each share that was sold was bought by someone, but more wanted to sell today than wanted to buy. 8) The geology has not been altered by the market action.