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


To: Moez who wrote (2960)4/6/1999 9:45:00 AM
From: Just G  Read Replies (2) | Respond to of 5821
 
Moez: Try nuinsco.ca, this should give you some info, and can anyone confirm when there will be a news release this week?

Thanks
G



To: Moez who wrote (2960)4/6/1999 10:41:00 AM
From: bully  Respond to of 5821
 
Kaiser says Nuinsco puddle may still be lake

Nuinsco Resources Limited NWI
Shares issued 40,440,366 Apr 1 close $1.32
Mon 5 Apr 99 In the News
John Kaiser, writing in a March 31, 1999, Express, says the latest results
from Nuinsco Resources (Holes 5 through 9, released on March 30), sent the
stock plunging to an intraday low of $1.25 on heavy volume of 1.9 million
shares. Two weeks earlier, the stock traded at over $3; it now trades at
$1.28. Mr. Kaiser says on a technical basis, he would not have been
surprised to see the stock plunge below 70 cents. On a positive note, the
California-based letter writer says that while volatility may continue, he
sees signs that "smart money" is quietly buying. Still, he says, there are
some perplexing aspects to what Nuinsco has and has not found at Lac
Rocher, and that the company has acknowledged these. Until these
inconsistencies are resolved, he says, the bottom line at Lac Rocher is a
50,000- to 75,000-tonne nickel puddle. The puddle is not likely to develop
into a lake with the next results, either. Mr. Kaiser says the smart money
believes management probably knows where it needs to drill to get better
results.

have a look at...

starfireminerals.com