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Gold/Mining/Energy : Winspear Resources

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To: wayne cath who wrote (18801)	4/30/1999 5:48:00 PM
From: Andrew	Read Replies (1) of 26850

Hi Wayne. Wow. Take it easy on Red. His info seems pretty good for the most part. Like I posted a week or so ago Bulk sample grade results in early June. I think we stabalize in this range next week for a while and then its up toward $5 - $6 before the results. The question of tonnage has been answered. As long as we are somewhere between 1.2 - 1.5 carats per ton with some nice size stones I think we are looking at $20 in early June. I'm in for the haul. If the valuations are anything like last years we may get $40 - $50 a share in July. I'll be selling half in June anyway after the grade results are out and saving the rest to sell when the valuations are released. Andy

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