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


To: Just G who wrote (2971)4/6/1999 4:55:00 PM
From: 4TNiner  Read Replies (2) | Respond to of 5821
 
Nice to see her finish a little up from yesterday. It will be interesting to see how she does over the next week given news will be scant. My sense is that this new ore body and the potential for multiples of this type will keep investors interested and we should see an upward move. I say this also because NWI IR told me today that if they get a very good hole, say another discovery hole, they will NR immediately to ensure market fairness. If we have to wait the whole 5 - 8 days we will likely see a batch of holes with good mineralization that will only serve to add to the tonnage already known. This game could be one of average results spread over an increasing wider area hence shortening the payback or a couple of wham bang thankyou holes that instantly push the total way up. To be on the sidelines right now when the stock is cheap is to risk the dreaded "opportunity cost" phenom. As investors we will not know when the NR is coming but can only watch some of the players to see if any are porking out. She is going up, now the question is how high!