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


To: 4TNiner who wrote (3345)4/20/1999 11:44:00 AM
From: Just G  Read Replies (1) | Respond to of 5821
 
4TNiner:
I agree with you, if the interest was dead, this thing would be falling, and it is hanging in there.

G



To: 4TNiner who wrote (3345)4/20/1999 5:23:00 PM
From: Jim Rideout  Read Replies (3) | Respond to of 5821
 
I have been following this thread for awhile. I have only recently bought into NWI and I believe they have great potential of finding a decent size ore body on their property.

I spoke to Stephanie from NWI this afternoon. She thought the release may be out Thursday or Friday (more likely Friday). Information has not been supplied to the head office for preparation of the release yet, so she does not know what it will contain.

Apparently they have at least 33 holes drilled so far. She didn't know how many were sent to the lab. She did say that some were not sent. Basically if they could visually see there was nothing of substance in the core samples, they wouldn't waste their time with the lab.

They haven't found the main ore body but she did say they should have some good holes to report. What is "good"? I don't know. Depends on who you talk to.

At any rate they are still searching for the mother load. Some holes are good, some are bad. They are acquiring more land which means they must feel confident that the results so far indicate they are on the right track.

This release will not be the one that pushes the price. We may even see a little slip. But if we hang tough and wait for them to navigate to the major ore body it will be well worth it in the end.