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


To: Brumell who wrote (2692)3/31/1999 1:52:00 AM
From: Marek  Respond to of 5821
 
well,I'm not an expert but I like this price.
This is not an accident that FM bought today 350000 shares at av. price 1.39.
They obviously think money can be made here.
Look,Yesterday they bought nothing,zero,so why they change strategy now?
Price and only price.
Next week can be new ball game but now looks to me they like this price.
They only bought 120000 shares in last five days.
This game is about money and looks like FM decide it to make some.
Geologist can tell all and complete story but if NWI hit You won't be needing them to make money.
NWI looks good to me at this point.
Always make decisions base on facts.
BTW I do not own NWI but I have a large position in CYP so I'm very interesting in this play success.
I was informed by CYP IR that some mining specialist price NWI at this moment around $1.45-1.50 so it probably will go back to $1.75-1.85 by end of this week or beginning of next one.
But this is just my opinion.
Good luck to All.
Marek.