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

To: Just G who wrote (2719)	3/31/1999 10:53:00 AM
From: Little Joe	Read Replies (1) \| Respond to of 5821

Stockhouse had these comments yesterday NWI fell $0.42 to $1.32 on volume of nearly 2 million shares traded today after releasing the latest round of drill results from their Lac Rocher property northeast of Mattagami, Quebec. Although one hole did intercept 47 meters grading 1.59% nickel and 0.57% copper (including a 2.6-meter section grading 11.24% nickel and 0.76% copper), the market is not seeing the Voiseys-Bay-like intercepts that have been talked about. NWI justifiably describes the results to date as typical of the early stages of a major new exploration undertaking, but investors are now wondering whether a $100 million market cap for NWI is or was justified.