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

To: E. Charters who wrote (2630)	3/30/1999 2:24:00 PM
From: mineman	Read Replies (2) \| Respond to of 5821

Eric, 20 feet (6 m) at 2% Ni initially looks encouraging, but consider the depth and cost of pre-production stripping. A million tons at this location and depth could not be feasibly mined, even with government-sponsored concentrate-shipping using the Metagami to Sudbury rail-line!!

To: E. Charters who wrote (2630)	3/30/1999 2:25:00 PM
From: mineman	Read Replies (1) \| Respond to of 5821

Leaving to eat for the 1st time today!

To: E. Charters who wrote (2630)	3/30/1999 3:13:00 PM
From: mineman	Read Replies (1) \| Respond to of 5821

Of 5 holes the ONLY one that intersected the 10% Ni, 2.5 m thick flat-lying bed was "promotion" hole 6 which was drilled vertically to intersect the bed in the EXACT same location as angle hole 1. And indications are that none of the other 9 holes waiting for assays intersected the high-grade zone either! Not good!

To: E. Charters who wrote (2630)	3/30/1999 3:34:00 PM
From: Tom Cat	Read Replies (2) \| Respond to of 5821

Eric, just got off the phone with the company, it appears that based on what I learned, we are way oversold, .......I had to read twice the following before noticing the significance: "Down-hole pulse EM surveys in holes 99-17 and 99-18 have detected an off-hole anomaly, which the company is optimistic will result in locating additional massive sulphide mineralization. Borehole pulse EM geophysics will be consistently used as a tool to guide future drilling." Tha means, what many in this thread were wandering, that there is a POTENTIAL of another high grade area due, south, according to Kathy Hume, they are tracing this south instead of east as it was originally thought, this was just learned last night. There are three additional holes testing this new area, there may be a nice rebound once they know what is down there. I suggest all to take a close look at the drill map on their web site and look at WHERE HOLE 17 and 18 ARE LOCATED!!!!...hint, hint.....I am buying as much as I can at these prices!!! TC