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

To: Elizabeth Andrews who wrote (2763)	3/31/1999 5:35:00 PM
From: Brumell	Read Replies (1) \| Respond to of 5821

I've put beans in to soak. We may not having carrots for awhile. No wieners with the beans either. Hard times everywhere until some good holes are released. Short you say, eh? Hope you're fully covered now. The bit is just inches away from the mother of all deposits..... I'm referring to nickel of course. Regards, Bob...:-))

To: Elizabeth Andrews who wrote (2763)	3/31/1999 6:43:00 PM
From: Natrav	Read Replies (2) \| Respond to of 5821

I was looking at the time just before the stock made a big move to $16. I forget the time period. For the three months prior to the move I thought it had backfilled to 3from 5 at least 3 times. I looked at a chart for that period but I could be wrong. Suffice to say, if you think of it at 3.47 the company had a market cap of about 200 million. Too high. Todays price action is more reflective of what this company is really worth rationally. A company with essentially 5 employees and no revenues and no cash flow. They have decent prospects on their properties, but nothing is proved up as of yet. They have only drilled 150 metres or about 15% of the 1st target with more to go. Disappointments like this are not unusual in this sort of endevour. That is why Doug Hume said "Thats why they call it exploration" Despite all the posturing and commentary that goes on here the truth is that so far the only one that really knows is the "Big Geoligist in the sky" and he does not give up his secrets real easy. WE ARE REAL EARLY and this is still the foremost speculative play going in my opinion and speculation means either a lot of money to be made or lost. Natrav