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

To: Tom Cat who wrote (2566)	3/30/1999 11:05:00 AM
From: Buckey	Read Replies (1) \| Respond to of 5821

NO problem - I see offer games being played and I think that we may actually see a bounce up - I do not beleive the 25k order at 1.74 to be real - I think it is a phoney offer to scare away buyers and scare people into selling I am watching - They want you to think that it will be a big selloff - Maybe it will be - I am goingout

To: Tom Cat who wrote (2566)	3/30/1999 11:12:00 AM
From: Eric Moriarty	Read Replies (1) \| Respond to of 5821

" I like to tell as I see." I would get your eyes checked! The drilling has not limited this deposit to 150M!!! The zone extends for over 1km. I think that you should read the news very closely. I like hearing that they think that they may have identified a new high priority target that may be another zone of massive sulfiedes. There may be several of these in the area....as stated by E.C. Where do you get the fact that 10 holes missed??????

To: Tom Cat who wrote (2566)	3/30/1999 12:05:00 PM
From: mineman	Read Replies (1) \| Respond to of 5821

High grade zone cut-off in 3 directions by 50 meter step-outs so zone is almost certainly just a small lens of less than a hundred thousand tons at 100 m depth. 6 (11% Ni/2.6 m) was drilled directly above the high-grade intercept of hole 4 (9.6% Ni/2.3 m) so it simply verified 4's results but did not extend the zone in any direction. The potential size of this high grade flat-lying bed is cut off by 50 m step outs in 3 directions and has not been tested in only one direction - to the west. The high-grade zone intersected in 1, 4, and 6 is within the pyroxenite in a band above the gabbro-gneiss interface rather than at the gabbro-norite base which indicates it could be a limited-size lens of massive material injected along a preferential fault plane. The other poor results in the release indicate the size of the high-grade zone is cut off as it does not extend to Line 10+50 or 11+50. 7 drilled 50 m north of 6 and 30 m north of 4 was disappointing as the high grade zone intersected at 117 m depth in hole 4 was either faulted off or did not continue to hole 7. 7's 1.8% Ni/4.7 m at 28 m depth. 5, 8, 10, 11, 12, 14 and 15 tested the projected sulphide trend in adjoining line 10+50. 5 had 1.5% Ni/4.8 m at 154 m depth which is too low grade, thin, and deep to be economic, and 8 had no appreciable Ni. The other holes are in for assay but hole 5 appears to have intersected the projected extension of Line 11's suphide zone which strongly indicates the other holes will have similar results which will show Line 11's high grade sulphide zone does not extend 50 m to Line 10+50. 13, 16, and 17 tested the projected sulphide extension in line 10 however line 10+50 had poor results with hole 5 and 8, so their results will most probably be disappointing as well. 9 (.7% Ni/66 m) tested 11+50 that was targeted on the sulphide trend did not intersect the high grade zone. Conclusion: The high grade zone intersected in hole 1 was verified in “promotion hole” 6 but the zone did not continue 50 m East to hole 7 and drilling on Lines 10+50 and 11+50 50 m in either direction also cut off the zone. The only direction it can go is West which is untested but from other results to date the projection for the high-grade extension is serverly restricted.