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


To: Just G who wrote (3563)4/25/1999 10:36:00 PM
From: 4TNiner  Read Replies (1) | Respond to of 5821
 
This has two parts. The first is the physical and the second the surrounding story. NWI has apparently banged into a new area separate from the first glory hole. This would be consistent with Brumell's Quebec friend theory of mulitple ore bodies. The drilling has been deeper with the menu more chinese. Supposely the head geologist was waiting for the lab results to include this in a special report. The info was detained thus the release never made it for friday. NWI must have wanted to include this in the upcoming release and were willing to upset the market on friday. look who was a net buyer on friday, FM, they who have always been big sellors prior to other NR. I think that they were buying all week. Were they loading up on cheapy stock to cover short positions later in the month? Possibly but that would also mean the expectation is for the stock to rise as well as maybe fall or were they bottom feeding because they know the news may be better than expected? Doesn't really matter now because the stock will likely not open tomorrow before the cat is out of the bag.