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


To: Alastair who wrote (3211)4/15/1999 3:39:00 PM
From: Just G  Respond to of 5821
 
I know hmmmmm. Thanks for keep us updated. I have my thoughts but have to take another look, and this is confirmed, Dumont will be drilling within a couple of weeks, same trend, someone's thinking!

G



To: Alastair who wrote (3211)4/15/1999 9:30:00 PM
From: Midas  Read Replies (1) | Respond to of 5821
 
Alastair:

Called the company when the price ended up near the high for the day to see if a press release was immanent.

I was told that:

(1) A press release will be issued early next week

(2) Press release promised at the beginning of this week was delayed because they wanted to include assay results now coming back from the lab.

(3) Hole 32 has been completed and #33 and 34 are currently being drilled on two different targets (I didn't establish if one drill was still on discovery zone).

(4) There is no end in sight for the current drill program.

My interpretation of what I heard is that Nuinsco is methodically drilling off a mineralized zone enroute to establishing a mine.

Midas

PS. Nuinsco IR people seem to be in good humor these days.