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


To: Natrav who wrote (3231)4/15/1999 10:22:00 PM
From: 4TNiner  Respond to of 5821
 
That type of rumor likely was the basis for the price increase in the face of FM selling a tonne during the morning. Could we be in for friday / monday NR? It would appear that the tonnage is there and remember is NWI in the mining business or exploration business? Who would profit more right now by suppressing the value of this stock? Who is likely going to to get this rock out the ground, NWI or an INCO?, NWI is going to sell this baby once they can confirm they got the goods, look at the company, its history and the current face of its management. They are rock hounds not ground hoggs. This baby is sold, but not before the stock rides and all the players get to make their booty, mates.



To: Natrav who wrote (3231)4/15/1999 10:22:00 PM
From: Buckey  Respond to of 5821
 
NWI is likely at the back of a lot of traders minds with all of the other junior mining companies hinting they are doin an internet deal or something ridiculous - most of them dont even have their own webpage. NWI is so quiet compared to say a SVB - DML play from last year which was my demise.

Once agian I was a tad too cheap and got left looking for 1 k at 1.19 - Hell I put it in at 4pm and it was the bid for at least ten minutes before I signed off . That is my last long term buy.

I am big on this play and I only have two long term positions in my cash acct - both in this play. I think for a daytrading slut to take a long term position is a good thing as Martha would say.

Trust me I will daytrade it when the time is right. and remember all -if ya think this is the support level then average down - I dont knwo if it is. AND dont exepct a $400 stock. sell and take your profits - You cant even wipe your ass with paper profits



To: Natrav who wrote (3231)4/15/1999 10:24:00 PM
From: Letmebe Frank  Read Replies (1) | Respond to of 5821
 
Thanks Natrav. I want to know what the market will think. Any comments on how the market will react to reported grades of about .5% to 1%?

I've been on the sidelines for months now and tempted to get in. Canacord AVOID has got me concerned now. Would they also have these rumored grades, thus put the AVOID out? If so, we will be headed down, not up.Comments?



To: Natrav who wrote (3231)4/15/1999 10:26:00 PM
From: Midas  Read Replies (2) | Respond to of 5821
 
Natrav:

< 400 metre width, 800 metres long ..100 metres in depth >

Using these numbers and a density of 3.0 (for the rock), indicates a zone with ~11 million metric tons of mineralization.

Midas