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


To: 4TNiner who wrote (3116)4/13/1999 5:22:00 PM
From: Just G  Respond to of 5821
 
I like what you are saying, and judging by the map (location), I have come up with the same conclusion. Not get the damn release out!!!

G



To: 4TNiner who wrote (3116)4/13/1999 5:56:00 PM
From: Gary Nash  Read Replies (3) | Respond to of 5821
 
4TNiner: What people don't seem to understand here is how a Ni deposit is found. Most everyone thinks you stumble onto an ovoid like Voiseys Bay and drill out from there to define the deposit. Hence the run-up on the first news release and subsequent fall in the stock price when glory holes were not hit in the next few cores. The point most people do not understand is that important Ni discoveries have large halos associated with them. The halo's have close to economic grades and eventually lead to the rich areas by drilling in the right directions. The halo on NWI property is now known to be VERY large and still increasing. It is no longer a question if the magmatic event was big enough to give us enough Ni to be economic, but rather were the conditions at the time of the event right to allow the Ni to pool out, or did the Ni matrix cool too quickly and result in a disseminated material only. A good hint to this question was answered with hole 99-1 and the current drilling is pulling the same rock type. So it appears that NWI is very close to the "mother lode" if there is one.