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


To: Natrav who wrote (2760)3/31/1999 5:14:00 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 5821
 
Natrav, I think you've been in that hot tub too long. The period when DFR went from "3 to 5 and from 3 to 5 "as you say didn't occur as I recall. The period before they drilled the discovery hole at Voisey's Bay was one of price attrition and not backing and filling, I believe.

I consider the discovery hole to be the first hole and I think that was drilled in the fall of 1995. The stock was in virtual free fall prior to that as the market was becoming to understand that the Luderitz diamond play was going to be worth close to zero and the stock would have continued to a least C$1 in reflection thereof, if Voisey's had not come along.

Once they got to hole 7 the stock went straight up and did not back and fill, in the way that you allude to.

I had to cover my NWI short today as I'm in need of some warm weather as it's been cold here.

At what temperature do you add the carrots?