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Gold/Mining/Energy : Westmin Resources(T.WMI)
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To: HAZ who wrote (20)11/15/1997 4:04:00 PM
From: John Menzies   of 63
 
This is the Westmin Thread if you want to talk about SPE maybe you should go to the Steppe thread.

We are also exploring a couple of VMS deposits like Westmin. I drilled my first exploration drillhole into one of these deposits in Eastern Australia too many years ago. Never forgot the sight of massive sulphide in the core barrel - very heavy - you seem to get some immediate gratification. But what makes them interesting as you are no doubt aware is the tremendous value these deposits can contain. Take a look at Kidd Creek - more than 120 million tonnes at $140 per tonne rock - huge value if you find a large one.

Nice to see that the market is taking some keen interest in this sector of the market of late it may not have the sex appeal of a gold discovery but it can add substantially to shareholder value.
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