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


To: dean poets who wrote (3273)4/17/1999 11:01:00 AM
From: 4TNiner  Respond to of 5821
 
Dean, the stock prices of late reflect more day trading than anything else. The pros play it like a yo yo. There is trend though that certain companies tend to know in advance the substance of the news. Based on the number of outstanding shares, the cost to set up shop as estimated by Alaister, and the known ore body I will not feel good until this thing crosses five bucks. At that point she will run to the teens. Until then she will be subject to spurts and stops and drops. I have been hearing whispers from several people and have been reading it here and have spoken with NWI IR people that they have the scent of nickel and are following it like a bloodhound. I thought about this yesterday and called a couple of brokers who handle the crap stocks, the ones being shorted, and asked if NWI was being heavily shorted. They indicated that based on their knowledge this was not the case. If you go back in this thread say between 1500 - 2500 you will read threads from many who obviously were using this medium to spread bad news about this find and the geology. We are not hearing this now and yet this stock could easily fall to .40 if the news is bad giving a shorter a nice margin to make. as such is the case I gotta believe we are at bottom. What do you think?



To: dean poets who wrote (3273)4/17/1999 11:25:00 AM
From: Just G  Read Replies (1) | Respond to of 5821
 
Mr. Poets:
A company drills to prove there is ore in the ground, then they have proved it is there, every hole whether low grade or not can only add to tonnage. They keep drilling, and yes a glory hole can spike the stock, but the ones that believe in it, are in for the long term. 4TNiner's response to you was correct. We may create hype, but on news we hear from IR, there is no fantasy news on this thread, just facts, and our opinions expressed between friends

G
One drill hole whether glorious or not, doesn't created a mine



To: dean poets who wrote (3273)4/17/1999 1:16:00 PM
From: Buckey  Read Replies (1) | Respond to of 5821
 
Dean - I really dont think anybody really has a clue about what is coming down the pipe. I like this level and we will see. NWI is almost out of mind for most people right now. some are selling off and moving into the CDN INUT craze. I have my base position and am being patient. I think 85 cents is a key level that I will get nervous at