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

To: 4TNiner who wrote (2696)	3/30/1999 11:45:00 PM
From: Brumell	Read Replies (2) \| Respond to of 5821

At this point anything said is pure conjecture - like guessing how many fairies can dance on the head of a pin. In Toronto the answer is probably quite a few but I'm not sure about Lac Rocher. If we are just looking for high grade nickel, today's results would indicate an erratic thread. However, calling hole 99-07 bad with only 11.3 meters of 1.05 ni is perhaps misleading at this point. So far stepouts have been short. We don't even have assays from holes 99-10 to 18. Sure we can guess but it's rather pointless. What's apparent from the limited info released is NWI were looking for a structure or trend and they haven't found it yet. It's also apparent that a lot on nickel is present and the conditions that produced are not localized. Predicting drill results is really quite simple. If you are consistently negative, you'll probably be more right than wrong. What gives NWI some flavour is that the conditions may be right to make a sizeable find be it large tonnage and lower grade or small tonnage and higher grade. Regardless of whatever may happen, applying economic geology with the facts currently known is somewhat akin to determining your budget based on future winnings from a lottery ticket. Lets determine the winnings first, see what we find, then we can argue the economics of development. Regards, Bob