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Gold/Mining/Energy : Winspear Resources
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To: Chad Barrett who wrote (11533)1/11/1999 1:18:00 PM
From: ddl   of 26850
 
Hi Chad; I'm surprised simply because WSP would not, at this time, possibly be a world class find had they not found these diamonds. I mean, you need these finds to have a world class mine to start with. Proving it up is next, but you have to start somewhere and 3 large diamonds is where it begins. Why shoot this down if you need these diamonds for a world class mine, "on the assumption WSP got lucky!!" What if they get luckier, it's all part of the game.
IMO, Kaiser along with EC and others are just playing the stats game right now. Chances are this find might not prove out to be as rich on a $/ton as already reported BECAUSE it would then be one of the richest mines in the world and "normally" what are the chances of that happening? I think Kaiser should simply have stated something similar to EC, that "statistically speaking" you are not going to get what appears to be and you should take some profits now. - regards - denis
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