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


To: DonH who wrote (3398)4/21/1999 2:00:00 PM
From: 4TNiner  Read Replies (2) | Respond to of 5821
 
I certainly am no expert on this but at my level and access to info I try to DD as best I can. Because some houses have branches in the north and more succintly the quebec north they can have info that others don't. I was talking with a contact at Levesque who is up north in Quebec. He told me that the third drill was helicoptered in last week. the race is on right now to do as much drilling before the thaw. once the thaw begins the drills cannot be moved across the ground. thus you would need a heli for this and this is expensive. my man at Le said hey, for a buck are you kidding. NWI has three drills, dumont is starting, a great first hole, nickel at most turns and now the search for the lost fault to complete the job. lots of drilling left, three drills on site, someone else may want to check this to confirm as well, regular heli flights over the area tracking progress, cross samples being lifted out regularly, and a release not far away. best value in town for a buck. that is why some of the lessor known houses are worth following. just my opinion.



To: DonH who wrote (3398)4/21/1999 2:10:00 PM
From: Midas  Respond to of 5821
 
Don:

One significant item in the house positions is that Levesque is one of the biggest buyers of Nuinsco shares today. This brokerage house is one of the few with offices in northwestern Quebec where the drill crews live. The increased buying by this house can therefore be construed as a positive indicator that there has been a good intersection pulled by one of the most recent drill holes. Couple this with a 24 to 48 hour delay in the press release (enough to let the lab run one batch of samples) and I think we are in for a positive press release.

Midas

PS. Confirmation of my interpretation would be if anyone can tell us whether Brawley Cathers, the other house that is a big share buyer today, has offices in NW Quebec?