SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?


To: 4TNiner who wrote (2170)3/22/1999 10:26:00 PM
From: SwampDogg  Read Replies (2) | Respond to of 5821
 
There were two sell offs prior to the NR showing that there was probably a leak. The smart money was selling above $3.00 and those in the dark were doin' the buying. To say that the price did not go down until the NR is wrong.



To: 4TNiner who wrote (2170)3/22/1999 10:40:00 PM
From: G.T.  Respond to of 5821
 
Expectations
It comes down to expectations, these are based on a variety of things. Mineman has pointed this out, with todays technology all information is a matter of a few seconds from the trading floor.
All I can do is look at the information in front of me from geologic models, structure and drill results and interpert what is in front of me and compare with what the market is saying. For whatever reason the sentiment shifted big time today and people long the stock are poorer for holding it. Does this say there is no minable nickel deposit, no
Maybe the market valuation was to far ahead of itself and it was corrected in one day ?
The step out holes when they come will verify whats up.