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


To: DonH who wrote (4121)5/3/1999 5:28:00 PM
From: Jim Rideout  Read Replies (1) | Respond to of 5821
 
I take comfort in the fact that the stock has stabalized at a decent level after a not-so-great release. Let's face it the day traders are not the ones who control the stock, it's the brokerage houses. These houses usually have relationships with analyst who specialize in various markets and can best interpret drill results.

I believe the people who truely understand the geology associated with mining saw something in this last release that was promising. It may not have been the news we had hoped for but the signs are there for a potential find.

I have been in a few junior mining stocks. Lost on many of them because I hung in for the count. The shorters really piss me off but in the end they were the ones walking away with the bucks.

Once again I am in for count, this time on NWI. But I feel more confident about this one. I have seen other stocks release better results and crash much further than NWI did. Even when those other companies still had an active drill program.

Remember they had a great hole earlier on. We all realize that one hole doesn't make a mine. But where there is smoke there is fire!!!

I think we will all be smiling by the third week in May.



To: DonH who wrote (4121)5/4/1999 2:56:00 PM
From: DonH  Read Replies (1) | Respond to of 5821
 
House Positions, so far...

Who is Brawley Cathers, and why are they selling?
I looked back over the past 5 months, and they are
also net sellers in this play, having sold ~200,000
more than they have bought. And today they are
selling again. Any one know where they are getting
these shares from?

I'm off-line the rest of the day, hope to get back
late in the pm to check any responses.

Don

House Positions for NWI from 05/04/99 to 05/04/99

Ex House Bought Av/Sh Sold Av/Sh Net $Net
T 39 Midland 42100 0.74 18100 0.74 24000 -17820
T 22 Thomson Kernaghan 20000 0.77 0 0.00 20000 -15400
T 85 ScotiaMcLeod 20000 0.75 10000 0.75 10000 -7500
T 90 CT Services 11000 0.74 2000 0.73 9000 -6680
T 79 Gundy 13000 0.76 6000 0.78 7000 -5200
T 70 Goepel 6200 0.74 450 0.75 5750 -4248
T 63 Levesque Beaubien 4500 0.76 0 0.00 4500 -3425
T 2 DS 5000 0.79 650 0.74 4350 -3469
T 33 Canaccord 3450 0.74 0 0.00 3450 -2557
T 99 James Capel 2000 0.78 0 0.00 2000 -1560
T 88 Versus 0 0.00 250 0.74 -250 185
T 7 Green Line 4000 0.75 20300 0.75-16300 12219
T 17 Brawley Cathers 0 0.00 73500 0.75-73500 55455
Total 131250 0.75131250 0.75 0 0