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Gold/Mining/Energy : Winspear---John Paquet discussion group.

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To: Andrew who wrote (29)3/4/1999 1:55:00 AM
From: brian krause  Read Replies (1) of 40
 
Andrew, I would agree with you that the PP has been factored into the price to a large degree. Those investing have counted this as a factor long before we did.

Spend Big Save Big

I had figured that WSP could drill through the winter if previous PP's were purchased. This winters drill program is very aggressive and Randy took the cash when offered. The market took a look at this and liked it.

The market does not understand the geology here only the numbers. They are to busy looking at charts.

There is probably time for me to look around for a while before this happens but someday WSP is going to expand their tonnage by drilling holes on their horrizontal dike and come to a vertical dike that makes a "corner" and they will follow them back to the source.

DD required.

I hope someone can answer a question or two.

bk

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