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


To: E. Charters who wrote (2204)3/23/1999 8:31:00 AM
From: mineman  Read Replies (1) | Respond to of 5821
 
The gabbro body plunges to the east where it is detected by the mag for about 1 km in length. The IP follows this same trend for 1 km. The surface exposure is about 120 m wide. The drilling shows the gabbro bottoms in the gneisses. All these clues indicate the gabbro body is 120 metres wide and at least 1 km along it's plunge.

The thin 2.3 m thick 8% Ni body is too thin to be economic at the intersected depth. The Thompson orebodies were thicker and there was a long series of them which gave substantial tonnage in total. As of now NWI has one isolated gabbro body - something like the McNickel deposit which looked very interesting at first but proved to be small and uneconomic!

1 km thick melts do not come to surface but are emplaced kilometers deep where temperatures and pressures are sufficient to keep the melt in equalibrium. Granites plugs that form the base of volcanoes are usually small bodies in the cupolas of much larger intrusive bodies at depth.

I agree that small gabbroic bodies can develop rich and sizeable nickel deposits; I am not closely following the drill-results of this project for the good of my health. It is always possible a thicker nickel zone could be intersected at depth.



To: E. Charters who wrote (2204)3/23/1999 12:18:00 PM
From: mineman  Read Replies (1) | Respond to of 5821
 
No longer do investors have to wait for brokerage-house analysts or news writers to interpret the meaning of drill-hole data, but can do their own interpretations based on information from real-time Internet discussions like Sil. Investor.

Last week's analytical posts helped viewers incorporate the important factual data into their calculations and to discard the biased rumors and posts without waiting for brokerage house analysts's interpretations.

Biased interpretations are posted but the average viewers is becoming more able to separate the wheat from the chaf because of other user's ability to expose non-factual or biased opinions.

The fact that the Sil. Investor site is now leading the pack in analyzing Nuinsco data is evidenced by at least two e-mailed analysts's remarks sent out last Thursday that used the exact same words with figures that had been only slightly changed to describe the projected size, grade, and tonnage that had been posted on the Internet the evening before.

The price swings have also been partly caused by the intense scrutiny which this site has looked at the results.

Perhaps Nuinsco is a watershed in the importance of public-company analytical Internet discussions!!

(Repost of Sunday last post)