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Gold/Mining/Energy : Winspear Resources

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To: Rocket Red who wrote (14475)2/11/1999 6:02:00 PM
From: chummer  Read Replies (2) of 26850
 
For those of you who miss teevee, here's his latest from stockwatch

Author: teevee -- Date:1999-02-11 14:39:37
Subject: great expectations
Spence, Dr. Bob has been right on this all along. Regarding the Deutsche Banke report, it is clear that their analyst has great expectations, and why not?....the results speak for themselves. Regarding his numbers, they roughly work out to mining rate of 2500 tonnes per day. This leaves room for the scenario to be expanded to 5000 tonnes per day, and room for some future comensurate upgrades to the initial NPV price target of $17.35 ( IMO, proving up the the required tonnage, given the geometry and geologic character of the cone sheet, is as "slam dunk"). Also, note the confidence in the CF results with respect to implied expectations of grade.....I expect at least confirmation of the $301 per carat and would not be surprised by a grade increase as well....All in all, we will have to ultimately wait for the bulk sample results to silence the critics, however, I have confidence in the system....the Snap Lake system.....and have more than doubled my position over the last 4 trading days..... After reviewing SI threads today, I see that average joe persists with his relentless adhominem and ignorance as as tag team partner with packrat. I find it hard to believe that they haven't been put in Fort Bob for at least a week......one heck of a lot of posts to read....and thanks for the compliment Trev.....I will be back on SI next tuesday evening.... regards, teevee.
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